According to latest data from Deribit options exchange, open interest for Bitcoin put options with a $75,000 strike price has surged to $1.159 billion, nearly matching the $1.168 billion open interest in $100,000 call options.
Market Sentiment Shows Clear Divergence
Notably, substantial open interest has also accumulated in put options at strike prices of $70,000, $80,000, and $85,000, indicating heightened market concern about potential downside risks.
- $70,000 strike put options maintain rising open interest
- Active trading observed at $80,000 and $85,000 strike levels
- Psychological expectations for downside support appear shifting lower
Limited Momentum for Higher Strike Calls
In contrast, call options with strike prices above $100,000 lack similar trading activity, suggesting investors are becoming more cautious about near-term breakout potential.
This market structure reveals crypto participants balancing between optimism and caution, with options market showing emerging equilibrium between bullish and bearish forces.