Options Whales have resumed their rise in Bitcoin, but their heads are still confused! They are stuck between these two levels!

The leading cryptocurrency *Bitcoin and altcoins **have become one of the assets that have been most affected in the tariff war between the USA and China.

The sharp declines experienced pulled the BTC price down to around 74 thousand dollars, while the recovery in price has led the option whales to rise again.

According to this, the Bitcoin options market has surged with the renewed popularity of $100,000 options.

Market analyst Omkar Godbole stated that based on data obtained from Deribit, the bullish sentiment has returned to the options market as Bitcoin has risen above $84,000 from low levels below $75,000.

According to the analyst, this positive change in the options market is partly due to renewed market optimism following Donald Trump's temporary suspension of tariffs.

According to Deribit data, option traders are selling put options in the range of 75,000 dollars to 78,000 dollars on Bitcoin, while they prefer call options in the range of 85,000 dollars to 100,000 dollars.

At this point, the analyst noted that the 30, 60, and 90-day option curves have turned from negative levels of last week to positive, stating, "This situation signals a decline in market fear and a revival in bullish sentiment."

The analyst stated that $100,000 calls have emerged as the most popular bets on Deribit, noting that open interest is approaching $1.2 billion.

After the $100,000 call options on Deribit, the $70,000 put options have become popular as the open interest reaches $982 million.