Bitcoin finally broke the $81,000 mark in the Asian session, something options desks have been waiting for some time. The move was clean, rising from $79,000 at the US close to this new level, with a pretty strong week adding nearly 3% gain.



What’s interesting is how options traders' strategies have been mapped out over the past few weeks. While the rest of the market was nervous about declines, some desks built cheap bullish positions using call spreads, basically betting on a gradual advance without a quick explosion. Now that Bitcoin decisively broke above $80,000, those bets are starting to look good.

The rest of the coins are behaving in a mixed manner. Ethereum hovers around $2,340 with flat movement this week, Solana rose to $95 with good momentum in 24 hours, and Dogecoin is near $0.11 with no significant changes. XRP also adds a daily gain. The interesting thing is that open interest in futures remains at yearly highs, indicating a lot of money is positioned.

The macroeconomic context remains complicated with geopolitical tensions and central banks holding rates steady. US employment numbers on Friday could be the next major catalyst. For now, it seems that fear of downside is easing, and traders are starting to map more bullish scenarios.
BTC0.56%
ETH-0.16%
SOL3.35%
DOGE1.78%
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