- It was reported that Bitcoin monthly futures contracts are trading at about 12% higher than the spot price.
- It was stated that generally a premium of 5-10% is considered neutral.
- Despite the decline in Bitcoin's price, it was evaluated that market sentiment has not been significantly damaged.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Bitcoin 2-month futures annualized premium. Source: Laevitas.ch
Bitcoin (BTC) has recently fallen below the $100,000 mark, but positive signals are still being detected in the futures and options markets suggesting that Bitcoin could surpass $100,000.
On the 25th (local time), the cryptocurrency-focused media outlet Cointelegraph reported this, citing data from Laevitas.
According to the data, Bitcoin monthly futures contracts are currently trading at approximately 12% higher than the spot price. This indicates strong demand for long positions (bullish bets). Generally, a premium of 5-10% on futures prices is considered neutral.
Additionally, the data shows that as of today, Bitcoin put options (the right to sell) are trading at a 2% lower price compared to call options (the right to buy). Cointelegraph evaluated, "When a correction is expected, the put option premium generally rises to about 6%," adding, "Although Bitcoin's price has recently fallen, market sentiment has not been significantly damaged."