The push above 95K has been accompanied by a notable surge in call buying activity across options markets. This uptick signals traders are positioning for further upside momentum. However, the picture becomes more nuanced when examining the broader sentiment.
While bullish calls are flowing in, put sellers remain notably absent from the market. This hesitation to short downside protection reveals something important: despite the price rally, underlying confidence hasn't solidified. Traders appear to be hedging their bets, unwilling to take the other side of the trade and sell puts at current levels.
This cautious dynamic suggests the breakout, though real, rests on shaky ground. The reluctance to sell puts indicates market participants still view downside risk as meaningful—even as prices climb higher. It's a classic setup where momentum meets skepticism: buyers are aggressive on the upside, but believers in sustained strength seem few and far between.
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NFTRegretful
· 15h ago
Uh... this gap looks nice, but no one really dares to take over, there's something fishy.
The seller has all run away, indicating they're still nervous. Is this just bluffing?
95,000 is just a paper prosperity; if a dump really happens, no one can save it.
I bet this wave will still retrace; just watching the show.
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BearMarketSurvivor
· 15h ago
Breaking below 95K looks lively, but no one dares to sell Put? That's the problem. The supply line is cut off, only charging forward without backup. I've seen this kind of situation—usually it doesn't end well.
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bridgeOops
· 15h ago
Buyers are rampant and sellers are all scared. Can this breakout be stable?
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95k looks pretty strong, but no one dares to sell puts... feeling uncertain inside
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Call volume surges while put sellers disappear, a classic pattern of chopping the market for profit
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The upward trend is fierce, but no one truly believes they can hold on
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Interesting, everyone wants quick profits but no one wants to hold long positions
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It looks like the upside is strong, but the downside really carries risks; the market is actually still cautious
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This is called an artificial high, buyers are excited while sellers go into hiding
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Above 95k, the market seems lively, but it's really just a sentiment play
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Put sellers have all fled... indicating institutions aren't that confident either
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The contrast is quite stark—one side shouting about gains, while the other is too scared to buy insurance
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ArbitrageBot
· 15h ago
This breakout is very fake in its rise, put sellers have all pulled back... Don't be fooled by the call surge.
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95k looks good, but the real problem is that no one dares to sell puts.
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A typical fake rally, aggressive buying and timid selling, this breakout is hard to sustain.
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Calls are surging but put sellers are disappearing? Bro, this signal is weak...
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So it's just lack of confidence, the rise is real, but few are truly willing to go all in.
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Another false fire, momentum looks good but confidence is lacking, it will burst sooner or later.
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SleepyArbCat
· 15h ago
Uh... 95,000 call orders are piling up above, and the put sellers are collectively disappearing? That's ridiculous, what are they pretending?
Bitcoin Breakout Fueled by Call Buying Surge
The push above 95K has been accompanied by a notable surge in call buying activity across options markets. This uptick signals traders are positioning for further upside momentum. However, the picture becomes more nuanced when examining the broader sentiment.
While bullish calls are flowing in, put sellers remain notably absent from the market. This hesitation to short downside protection reveals something important: despite the price rally, underlying confidence hasn't solidified. Traders appear to be hedging their bets, unwilling to take the other side of the trade and sell puts at current levels.
This cautious dynamic suggests the breakout, though real, rests on shaky ground. The reluctance to sell puts indicates market participants still view downside risk as meaningful—even as prices climb higher. It's a classic setup where momentum meets skepticism: buyers are aggressive on the upside, but believers in sustained strength seem few and far between.