Analysis: Bitcoins break through the key $92,000 level; options market bets on a push toward $100,000
Svmuu News: Bitcoin surged past $92,000 on Tuesday, with daily trading volume rising 25% to $37 billion; its next major resistance level is $94,500;DASH surged 63%, triggering the liquidation of $1.3 million in short positions; total leveraged futures position liquidations across the network reached $180 million over the past 24 hours, affecting both long and short positions.Currently, the 30-day implied volatility indices for BTC and ETH are under pressure, while futures open interest (OI) remains largely flat. The basis (futures premium) for CME-listed Bitcoin and Ethereum futures has stabilized at just under 5%.On Deribit, put options for BTC and ETH continue to trade at a premium over call options, but there appears to be market demand for BTC call options with strike prices of $98,000 and $100,000, as well as for ETH call options. (CoinDesk)
Source:Odaily · Source Link
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