Analysis: Traders are hedging against a possible BTC price drop to $100,000
This article is machine translated
Show original
Planet Daily News: As global financial markets face rising geopolitical and economic uncertainty, traders are hedging against the risk of price falling back to the $100,000 mark. Trading data shows a surge in demand for put options (downside protection tools that give holders the right to sell at a specific price), particularly in short-term contracts. Among options expiring on June 20, put options with a strike price of $100,000 have the highest open interest, with a put/call ratio of 1.16, highlighting market concerns about short-term declines. Analyzing the renewal, market caution stems from the highly uncertain environment facing Federal Reserve policymakers - Middle Eastern geopolitical tensions and energy price volatility, compounded by inflation and labor market risks from Trump administration tariff policies. As the Federal Reserve is expected to maintain interest rates unchanged for the fourth consecutive time on Wednesday evening, market focus will shift to its latest forecasts on economic growth, unemployment, and interest rates. (Fortune)
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share