Traders trading Bitcoin options have started opening positions, expecting a potential price recovery to the level of $90,000. According to data provided by Derive, a blockchain-based derivatives analysis platform, there is a notable trend of abandoning aggressive hedging strategies against downward market trends. The analysis indicates a possible process of stabilization and recovery for Bitcoin. According to the analysis, open call option positions with an expiration date of March 27 are concentrated at strike prices of $80,000 and $90,000. This suggests that investors are expecting an upward movement in the coming weeks.
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Traders trading Bitcoin options have started opening positions, expecting a potential price recovery to the level of $90,000. According to data provided by Derive, a blockchain-based derivatives analysis platform, there is a notable trend of abandoning aggressive hedging strategies against downward market trends. The analysis indicates a possible process of stabilization and recovery for Bitcoin. According to the analysis, open call option positions with an expiration date of March 27 are concentrated at strike prices of $80,000 and $90,000. This suggests that investors are expecting an upward movement in the coming weeks.