$BTC Recently, the price of Bitcoin has shown a strong upward trend, and the options market has also released positive signals.
Relevant data indicates that there has been a large-scale buying operation for call options with strike prices of $100,000, $105,000, and $110,000 expiring at the end of June. According to statistics, the total net premium for long positions has reached approximately 130 BTC, which is valued at over $11 million at current prices. Such a significant capital flow reflects the market's optimistic attitude towards Bitcoin's short-term price trend, and there is a considerable possibility that it will challenge historical highs before the end of June.
In addition, Citibank has also made predictions, expecting the Federal Reserve to implement a total of five rate cuts this year. Notably, there are only five meetings of the Federal Reserve from June to December, indicating that once rate cuts begin, subsequent meetings are likely to adjust monetary policy.