#BTC Put Options Market#
Hot Topic Overview
Overview
The options market is cautious about the future of BTC. Lin Chen, Head of Business Development, Asia Pacific at Deribit, said on X, a social media platform, that according to options market data, there is only a 32% probability of Bitcoin breaking through $100,000 by the end of the month. This data suggests that the market generally expects Bitcoin to struggle to break through the $100,000 mark in the short term, and investors are taking a wait-and-see approach to future trends.
Ace Hot Topic Analysis
Analysis
The options market is cautious about the future direction of BTC, with Lin Chen, Head of Asia Pacific Business at Deribit, stating on X that the options market shows a mere 32% probability of BTC breaking $100,000 by the end of the month. This data indicates that while market sentiment has warmed up recently, options traders remain skeptical about a significant surge in BTC in the short term. This could be due to the recent uncertainty in the macroeconomic environment, as well as the potential impact of regulatory policies, leading investors to adopt a cautious wait-and-see approach towards the future of BTC.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Option market is bearish on BTC breaking through $100,000 by the end of the month.
Deribit option market data shows that the probability of BTC breaking through $100,000 by the end of the month is only 32%.
Option market data may reflect the market's expectations for the short-term trend of BTC.
Option market data is not an absolute prediction, and there is still uncertainty about the actual trend.