Analysis: Traders are reevaluating the BTC bullish expectations, with $100,000 bullish call options being the most popular on Deribit.

robot
Abstract generation in progress

On March 11th, PANews reported that the recent downturn in the Cryptocurrency market has caused the once popular $120,000 BTCOptions bet to lose its crown, replaced by $100,000 bullishOptions, indicating that traders are reevaluating their bullish expectations. As of the time of writing, the $100,000 bullishOptions is the most popular BTCOptions contract on the exchange, with a nominal open interest of $1.55 billion. Nominal open interest represents the USD value corresponding to the number of active Options contracts at a specific point in time. Meanwhile, the previously leading $120,000 bullishOptions, which had held the top position until last month, is now ranked second with a nominal open interest of $1.33 billion.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)