Core Insights - Bitcoin has reached a new all-time high, with options traders targeting higher price levels, specifically $115,000 and $120,000 [1] - The surge in Bitcoin's price is driven by institutional demand, reinforcing bullish sentiments since the U.S. elections in November [1] - The options market reflects strong bullish sentiment, with significant short positions being liquidated, indicating an overcrowded bearish stance [1] Group 1 - Bitcoin has surpassed the $113,000 mark, with open interest in call options at Deribit concentrated around $115,000 and $120,000 [1] - Longer-term options expiring in September and December have open interest extending to $140,000 and $150,000 strike prices [1] - The recent price increase was preceded by a significant short squeeze, with approximately $447 million in positions being liquidated [1] Group 2 - The bullish trend is supported by the expectation that a potential return of Trump to presidency could lead to a new era of relaxed regulations [1] - Chris Newhouse, research director at DeFi trading firm Ergonia, noted that the market's behavior indicates an excessive buildup of bearish positions that are vulnerable to a short squeeze [1]
比特币续创新高 期权交易员剑指12万美元目标位
news flash·2025-07-10 17:57