ChainCatcher News reports that the options market shows a clear downward skew. As of June 26, the probability of Bitcoin falling below $80,000 is 30%, while the probability of rising above $120,000 is 19%.
The report states that on the Derive and Deribit platforms, open interest in put options with strike prices between $75,000 and $80,000 is very concentrated, indicating that the market expects the price to decline to the mid-$70,000 range.
Note: The options skew (an indicator measuring the difference in prices between call and put options) remains negative, which means there is short-term downside risk.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETF Weekly: Bitcoin ETFs Add $568 Million Despite Late Outflow Streak
Crypto exchange-traded funds (ETFs) delivered a mixed but largely positive performance during the week of March 2–6. Bitcoin, ether, and solana funds finished with net inflows, while XRP ETFs ended the week slightly in the red.
Bitcoin, Ether ETFs Post Weekly Gains as XRP Slips
Institutional
Coinpedia17m ago
In the past 24 hours, the entire network has been liquidated by $395 million, with BTC liquidations totaling $152.5 million.
In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $395 million, with $206 million in long positions and $188 million in short positions liquidated. BTC and ETH were liquidated for $152.5 million and $76.97 million respectively, with a total of 93,639 people liquidated. The largest single liquidation occurred on Hyperliquid's BTC-USD trading pair, valued at $6.88 million.
GateNews21m ago
BTC short-term IV rises above 65%, ETH short-term IV reaches over 80%, both hitting recent highs
This week will release the US February CPI and unemployment data, as well as the January PCE Price Index. Meanwhile, US and Israeli military actions may impact oil transportation through the Strait of Hormuz. The implied volatility of major maturities has risen significantly, with BTC short-term IV exceeding 65%, ETH short-term IV exceeding 80%, and the skew indicator declining.
GateNews24m ago
Strategy Drops $1.28 Billion on Bitcoin, Issues $377 Million in Preferred Shares
In brief
Strategy notched its largest Bitcoin purchase in over a month.
The firm issued STRC at its fastest rate since the product’s debut last July.
The company’s Bitcoin stockpile showed a $5.5 billion loss on paper.
Strategy spent $1.28 billion on Bitcoin last week, notching its large
Decrypt59m ago
Ripple’s XRP Price Could Outperform Bitcoin if 0.000017 BTC Breaks
For many years, XRP has struggled to keep up with Bitcoin when measured against the BTC pair. However, a new analysis suggests the long period of underperformance may be approaching a turning point.
Top analyst Egrag Crypto showed a hidden liquidity cycle can be observed on the chart of the XR
CaptainAltcoin1h ago
