#deribit

#deribit

Bitcoin futures on Deribit are trading above $100,000, indicating strong market expectations for future price increases.

Traders have invested significantly in $100,000 BTC call options, showcasing bullish sentiment in the market.

BTC options market suggests only a 9.58% chance of prices exceeding $100,000 by year-end.

Bitcoin DVOL index surged to 76% annually, highest since November 2022

Traders are overwriting calls to generate extra income in the volatile market

Large bitcoin and ether options contracts worth $15.2 billion will expire on Deribit, potentially impacting market volatility.

Options expiring in-the-money (ITM) could lead to upward pressure or volatility in the market, creating significant movements.

Activity in $200,000 strike bitcoin call on Deribit is high compared to market rate.

Options open interest hits record highs alongside bitcoin price rally.

Deribit and SignalPlus have launched the Winter Trading Competition 2024, featuring a $200,000 prize pool and enhanced learning opportunities.

Bullish sentiment in the crypto market as many out-of-the-money bitcoin calls were bought at various price levels on Deribit.

Buying higher strike calls indicates a bullish mood among sophisticated market participants.