07:06
Analysts: Data shows that options traders remain optimistic, with most believing the trend is not over yet.
According to BlockBeats news on August 20, on-chain data analyst Murphy stated on social media that based on the "Options Premium Strike Price Heatmap" data, a large number of call options appeared in the strike price range of $123,708 to $129,685 on August 19; the cumulative premium size was approximately $43.32 million. At the same time, there was no net buying below the spot price, indicating that traders are more willing to spend money betting that BTC is likely to rise to this range, while the demand for put options is very light, with almost no one actively buying downside protection. In contrast, a relatively larger scale of sell options exists in the strike price range of $97,709 to $102,430; the cumulative premium size is approximately $13.14 million. This suggests that options sellers find it difficult for the price to fall to this level, choosing to sell volatility instead. Therefore, from the options market trading.
BTC-0.92%
- 4