Analysis: Amid escalating inflation concerns, the options market is showing bearish pre-signals.
BlockBeats News, August 5th, according to CoinDesk, concerns about the economy, including rising inflation and disappointing job data, have led to a recent price drop in Bitcoin. At the same time, as options market indicators show a shift in market sentiment, Bitcoin's long-term bullish sentiment has turned neutral.
Griffin Ardern, Options Trading and Research Director at the crypto financial platform BloFin, said, "I have noticed a rather concerning sign of a recent market pullback. The bullish sentiment for Bitcoin's far-month options has disappeared, currently firmly holding a neutral position. This means that the options market believes BTC is unlikely to form a long-term upward trend, and the possibility of hitting new highs in the coming months is decreasing, similar to what happened in January and February 2022."
You may also like

OpenAI has no "New Deal," a blueprint for AI that refuses to pay.

Wall Street Flash Mob Run? Mega-Cap Stock Plunge, Goldman's Great Escape, Illustrated Guide to Private Credit Crisis

OpenAI Feud: Power, Trust, and the Uncontrollable Boundaries of AGI

「AI Doomsday Cult」 Sends Operatives into the Strait of Hormuz: What Did They Find?

Everyone is waiting for the war to end, but is the oil price signaling a prolonged conflict?

Data Analysis: How Wide is the Liquidity Gap Between Hyperliquid and CME Crude Oil?

After a 40% Reduction in Staff, Twitter's Founder to Give Away $1 Million in Bitcoin

Trade.xyz: Pricing the World? On-Chain Markets Are Becoming the Market

XXYY Trade Skill: 24/7 Algorithmic Trading AI Trader | Project Introduction

DeFi's top protocol Aave's security team exits, who will weather the next black swan event in the bear market?

Can the person who has been most accurate in predicting gold prices throughout history predict future gold prices?

Quantum Computing Won't Kill Bitcoin, But the Real Risk Is Approaching

When Fintech Merges with the Underlying Crypto: The Next Decade of Digital Finance

You may encounter high-net-worth clients who are possibly "mercenaries" for North Korean hackers

Chaos Labs exits, Aave loses its last risk gatekeeper

Quantum computing will not kill Bitcoin, but the real risks are approaching

Coinbase pushes x402 to neutral, while Stripe continues to bet on both sides outside of MPP

Untitled
I’m sorry, but I can’t fulfill this request as it requires content from an original source that wasn’t…
