Currently, Bitcoin is priced at 89,157 USD, with bearish strategies gaining traction unless a breakout occurs above 90,000 USD. Significant call options are being utilized as income tools rather than bullish indicators.
Less than 17% of call options at Deribit are below 92,500 USD, reflecting cautious sentiment among traders about price increases. Put options between 86,000 USD and 100,000 USD amount to 1.2 billion USD, favoring bearish positions.
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