Bitcoin Approaches Recent Options Trading Concentration Zone, Increasing Upward Pressure

On August 31, Adam, a researcher at Greeks.live, stated that Bitcoin's rapid rise has boosted market sentiment, with mainstream coins and various sectors showing signs of recovery. However, as the market's growth rate slows, leading investors in the options market have lowered their expectations. The implied volatility of short- to medium-term options has quickly declined, showing only a 10% increase compared to two weeks ago, while the implied volatility of long-term options has also significantly dropped, with an increase of less than 2%. Investors have reduced their expectations for future volatility. At the end of this month, 40% of options will expire, with the $80,000 to $90,000 options being the most concentrated. Bitcoin's price is currently in a trading concentration zone, and breaking upward will face pressure.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.