Wu Says learned that, according to GreeksLive, today’s Bitcoin large-lot bullish options trading has surged, with a total trading volume of 25,766 BTC and a notional value of about $1.65 billion. Among them, bullish call spread (Bull Call Spread) contracts with strike prices of $70k/$72k expiring at the end of this month saw trading volume of nearly 10k lots, becoming the main trading target in the market. Analysts believe that, with only two weeks left until the end of the month, large buys of 10% out-of-the-money call options indicate that the market is optimistic about the second half of this month; however, because traders tend to choose bull call spread strategies with relatively lower notional values, this suggests only tentative dip-buying. As the market continues to stay in a low-volatility state for the long term, the likelihood of a modest rebound is increasing.

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