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Analyst: Options Market Data Shows Traders Are Reassessing Bitcoin Bullish Expectations
Bitget2025/03/11 16:02
On 11 March, analyst Omkar Godbole reportedly said that the recent cryptocurrency market downturn has led traders to reassess their bullish expectations, with the most popular bitcoin options bets on CEX shifting from $120,000 calls to $100,000 calls. Currently, the notional open interest for $100,000 calls is $1.55 billion, while the notional open interest for $120,000 calls is $1.33 billion. As of today, post-May call pricing remains bullish, with the dollar value of all open calls exceeding $16 billion.
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