Glassnode: A New Wave of Net Bullish Options Buying Emerges in the $124,000 to $130,000 Strike Price Range
According to a report by Jinse Finance, Glassnode data shows that positions in the Bitcoin options market have shifted significantly upward, with a new round of net call option purchases emerging in the $124,000 to $130,000 strike price range, totaling an increase of $41 million. Meanwhile, demand for put options below the spot price is unusually weak, indicating that traders are generally optimistic about the market outlook. Analysts believe that the current options position structure suggests the market is developing a price attraction zone between $120,000 and $130,000, rather than building downside risk hedges.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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