The options market remains bullish despite Bitcoin falling below $100K

On Sunday, Bitcoin fell below the $100,000 mark after the confirmation of the U.S. involvement in the conflict between Israel and Iran. Despite this, data on derivatives indicates significant interest among traders anticipating further volatility. Open interest in Bitcoin options reached $51 billion, indicating a high level of activity in the market.

Comment:

The fall of Bitcoin below the psychological level of $100,000 may cause concern among investors; however, the current level of open interest in options shows that many traders expect a resumption of growth or high volatility in the near future. This may be related to expectations of economic and geopolitical changes that could impact the cryptocurrency market.