Despite a fall in bitcoin under 100,000 dollars following American strikes in Iran, the options market remains remarkably optimistic. Investors position themselves massively for a recovery, despite increased volatility. Is it a risky bet or a lucid anticipation of a rebound?
In short
- Bitcoin fell under $ 100,000 after the announcement of an American air strike in Iran.
- The open interest in Bitcoin options reaches a record of $ 51 billion.
- The majority of positions remain upward -oriented, despite a tense geopolitical context.
- The market anticipates short -term turbulence, but remains confident in the long term.
The interest in Bitcoin options explodes, despite the tense context
The climbing of the conflict in the Middle East, especially after the announcement by Donald Trump of American strikes on Iranian nuclear sites, shook the Crypto market on Sunday.
Bitcoin briefly plunged up to $ 98,200, temporarily erasing $ 40 billion in market capitalization in a few hours. The queen of cryptos has since rebounded and is currently evolving around $ 101,000.
However, Correglass data reveal a Remarkable resilience of the feeling of institutional investors. The open interest in Bitcoin options jumped $ 51 billion, a level that testifies to a massive participation of market players.
This colossal sum far exceeds the $ 17 billion recorded for Ethereum, confirming the status of “numerical value reserve” of Bitcoin in times of uncertainty.
On Deribit, the main trading platform for crypto options, the distribution of positions reveals prudent, but persistent optimism. Purchase options represent 59.73 % of contracts open to Bitcoin, compared to only 40.27 % for sales options.
This configuration suggests that professional traders are still betting on a recovery, despite geopolitical upheavals.
Analysis of 24 -hour trading volumes offers a more nuanced perspective. With 24,780 BTC exchanged via sales options against 24,168 BTC for purchase options, there is a relative balance which reflects a certain short -term caution.
An intelligent coverage strategy in the face of uncertainty
The most popular positions reveal the sophistication of the strategies deployed by institutional traders. The most negotiated contract relies on a drop in bitcoin to $ 95,000 or less by June 27, with more than 2,000 BTCs engaged.
At the same time, a competing bet anticipated a rise to $ 105,000 by July 11.
This duality perfectly illustrates the philosophy of informed investors: protect yourself from short -term shocks while retaining an upward vision in the medium term.
The close deadlines serve as an insurance policy, while the more distant positions reflect confidence in the fundamentals of Bitcoin.
For Ethereum, the situation has interesting similarities. With 67.39 % of purchase options against 32.61 % sales options, optimism seems even more marked. Traders speculate nevertheless on corrections around $ 2,000-2,200 by the end of June, suggesting a similar expectation of volatility.
This sophisticated approach testifies to the growing maturity of the crypto market. Institutional investors are no longer satisfied with “Hodler” blindly, but deploy complex risk management strategies that allow them to navigate uncertainty while preserving their exposure to potential gains.
In short, the bitcoin withdrawal under $ 100,000 has not started confidence in seasoned traders. Behind short -term turbulence, the options market continues to bet on a bullish future. A risky strategy? Maybe. But in an uncertain world, Bitcoin remains, for many, a value of anticipation.
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