比特币多头瞄准 10 万美元，但期货市场暗示将再次下跌

Bitcoin traders are rebuilding bets on a move toward $80,000 as easing geopolitical tensions, firmer institutional demand, and a rebound above $70,000 revive appetite for upside exposure after weeks of defensive positioning. On Coinbase-owned Deribit , the largest venue for crypto options, the $80,000 call has become the single biggest strike by open interest this week, with around $1.5 billion tied up in contracts that pay off if Bitcoin rises above that level. Related Reading Coinbase agrees to acquire Deribit in landmark $2.9 billion deal Coinbase looks to expand offshore derivatives market presence amid favorable U.S. regulatory climate. May 8, 2025 · Liam 'Akiba' Wright This is also evident on the on-chain options platform, Derive, where open interest at the $85,000 strike has climbed to about $60 million, while $100,000 calls stand near $45 million. The shift marks a notable change in tone after a stretch in which traders spent much of their energy buying protection against another leg lower. However, Bitcoin has since recovered from early-week lows near $67,000, trading above $70,000, helped by a temporary ceasefire between the US and Iran that eased pressure on oil and steadied broader risk sentiment. Nonetheless, the market has not fully let its guard down, as downside protection remains bid across longer maturities, and parts of the futures market continue to lean defensive. Options traders rotate back to upside The strongest evidence of improved market sentiment has come from traders reworking their positions after the ceasefire announcement. On April 8, Deribit Insights revealed that one of the dominant structures into Easter involved buying April 24 puts at the $61,000 and $62,000 strikes, a sign that investors were still preparing for a deeper washout. However, after the geopolitical headlines improved, those positions were rolled up on a premium-neutral basis into the $65,000 and $66,000 strikes, cutting downside notional by more than half. At the sam