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Bitcoin options show bullish long-term bets but rising short-term put demand signals caution.

Market News
09 Aug 2026, 07:37 WIB
Tokenpost
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Neutral
Bitcoin options show bullish long-term bets but rising short-term put demand signals caution.

Bitcoin options data reveals a split market sentiment: medium-term positioning remains bullish with calls dominating open interest, while recent trading shows increased put volume indicating short-term caution. Total open interest slightly declined to $25.34 billion, with Deribit leading the largest long-term call and put concentrations around $80,000 and $60,000 strikes. Near-term activity centers on Bybit expiries near $65,000, suggesting traders are hedging against potential volatility. This pattern suggests traders expect higher Bitcoin prices over time but are protecting against near-term risks.

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