EasyMarkets易信:比特币期权指向区间震荡

Core Viewpoint - The Bitcoin derivatives market is currently showing signs of price stability within a range, rather than experiencing significant surges or drops, with expectations of steady volatility rather than dramatic movements [1][2]. Price Support and Resistance - Bitcoin is believed to have solid support around $85,000, while resistance is observed in the $95,000 to $100,000 range [1][2]. - Some traders are selling put options at $85,000, indicating confidence that Bitcoin will not fall below this level in the short term [1][2]. - The $85,000 put options are the second most popular options across all expiration dates, with a notional open interest value exceeding $2 billion (each contract corresponds to 1 BTC) [3]. Options Market Dynamics - In the options market, a significant number of traders are selling put options around $85,000, which typically creates price support and a self-fulfilling effect [3]. - On the upside, Bitcoin bulls are selling call options in the $95,000 to $100,000 range to generate profits, which applies selling pressure as prices approach these levels, making breakthroughs more challenging [4]. - The active trading of $100,000 call options indicates limited market enthusiasm for a rapid surge to six-figure prices, with a notional open interest of $2.37 billion [4]. Volatility Harvesting Strategy - Traders are employing a strategy known as "volatility harvesting," where they profit from selling both put and call options simultaneously, which stabilizes premium income during Bitcoin's sideways movement [4].