Nhà giao dịch quyền chọn Bitcoin chú ý trở lại mức 100.000 USD, tâm lý thị trường dần ấm lên

【Block Rhythm】A interesting signal has emerged recently in the bitcoin options market——traders’ focus has shifted back to the round number of $100,000. As the violent fluctuations in the crypto market at the end of last year have gradually subsided, investor sentiment has been slowly recovering.

According to data from a leading derivatives trading platform, bitcoin options open interest is most densely concentrated at the position with an expiration date of January 30 and a strike price of $100,000. The notional value of this contract is more than double the second most popular option (a put option with a strike price of $80,000, expiring on the same date). This apparent data skew reflects the level of attention market participants are paying to this price level.

Analysts in the over-the-counter trading market point out that while the scale is not particularly large, the direction is very clear——this is a continuation of the $100,000 large position holdings that already appeared last week. From the current shape of the options curve, put premium still exists but has clearly softened. This indicates that the market is no longer so pessimistic, no longer expecting worst-case downside scenarios, and the overall atmosphere is gradually stabilizing.

This presents a stark contrast to the period during the crypto market crash at the end of last year. At that time, the spot market was continuously selling off, and investors used expensive put options to hedge downside risks, with hedging premiums skyrocketing.

From a technical perspective, industry insiders believe that bitcoin retesting the $100,000 to $106,000 range is not surprising. For the technical picture to turn truly bullish, the key is whether bitcoin can establish support above $106,000 on a weekly timeframe, and only then is there potential to challenge all-time highs again. These key price levels have become important observation points for the short-term market.