Bitcoin traders are increasingly hedging against a potential price pullback to the $100,000 level as geopolitical tensions and economic uncertainties rise. The put-to-call volume ratio on the Deribit exchange surged to 2.17, reflecting a significant tilt towards protective bets. Open interest in puts with a strike price of $100,000 is particularly high for contracts expiring on June 20, signaling concern among investors. At the same time, global financial markets are closely monitoring the Federal Reserve's policy stance, with inflation and labor market risks added by the current geopolitical climate.
Bitcoin options indicate that traders are hedging against a potential fallback to the psychological $100,000 mark due to rising geopolitical tensions and economic uncertainty.
The recent surge in the put-to-call volume ratio on Deribit reflects a strong shift towards protective options, especially as traders anticipate nearer-term price drops.
Collection
[
|
...
]