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Bitcoin options show bullish bias as call open interest dominates at $33.57B, signaling strong upside bets.

Market News
26 Jul 2026
Tokenpost
View Source
Bullish
pluang ai news

Bitcoin options markets display a clear bullish bias with call options making up 66.26% of total open interest at $33.57 billion, up 1.14% from the previous day. Despite ongoing volatility hedging indicated by significant put option volume, traders are maintaining medium-term upside bets, especially around key strike prices like $70,000 to $80,000 expiring later this month and year-end. This positioning suggests confidence in Bitcoin's price trajectory while managing downside risk, potentially increasing price sensitivity near these strike levels in upcoming expirations.

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