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
CoinDesk 20: Bitcoin trades sideways, altcoins rise across the board
CoinDesk Indices reports daily market updates, highlighting leading and lagging cryptocurrencies in the CoinDesk 20 Index. The index currently stands at 1,909.43 points, up 0.7%, with 19 out of 20 assets in the green, led by NEAR and AVAX.
TapChiBitcoin2m ago
Maji Big Brother opened new BTC and HYPE long positions 4 hours ago, with a total position value of $15.77 million
Gate News update, April 3, Hyperbot data shows that Brother MaJi opened a 40x-leverage BTC long position 4 hours ago (position size: 11 BTC) and a 10x-leverage HYPE long position (position size: 10k HYPE). In addition, he also holds a 25x-leverage ETH long position (position size: 7,171 ETH). Currently, the total position value is $10k, with an unrealized loss of about $196k.
GateNews30m ago
Cardano Foundation asset allocation is diversified, with ADA’s share reduced to 51.6% and BTC’s share increased to 25.5%.
The latest report from the Cardano Foundation shows that its asset structure is shifting from reliance on ADA toward more diversified allocations. By the end of 2025, the ADA share is expected to fall to 51.6%, while the Bitcoin share increases to 25.5%. Total assets amount to CHF 287.5 million, down by about 45% compared with the end of 2024. The reserve system will move from a single token to a more diversified configuration.
GateNews1h ago
Bitcoin 'done' with 85% crashes, says Cathie Wood amid new $34K target
Bitcoin (BTC) is “done” with drawdowns of 85% or more from all-time highs, says ARK Invest CEO, Cathie Wood.
Key points:
Bitcoin will not see another correction of 85% or more versus its latest all-time high, Cathie Wood argues.
A new prediction sees $34,000 becoming the next BTC
Cointelegraph1h ago
