Analysis: Bitcoin Market Sentiment Turns Cautious as Bullish Bets on BlackRock ETF IBIT Options Decrease
According to CoinDesk, Bitcoin entered a consolidation phase after reaching an all-time high of $110,000 in May. Market data shows that the put/call skew of BlackRock's spot Bitcoin ETF (IBIT) options has recovered from -3.8 two weeks ago to near zero, indicating a weakening expectation among traders for further increases.
Data from the derivatives platform Deribit shows that the premium advantage of short-term call options has disappeared, with the prices of call and put options expiring in the next two weeks tending to level out. At the time of writing, Bitcoin is quoted at $108,860.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
HBAR Price Eyes $0.155 as Traders Watch Key Recovery Levels
Microsoft Beats Nvidia for the First Time Since 2025: So Why Is MSFT Stock Falling?
Gunnison hits rich copper and zinc in Arizona
EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
Crypto prices
More
