Markets rally after FOMC meeting, but Bitcoin bears still have a short-term advantage

Bears are comfortable with Bitcoin below $57,000

  • Between $45,000 and $47,000: 110 calls vs. 2,400 puts. The net result is $105 million favoring the put (bear) options.
  • Between $47,000 and $48,000: 280 calls vs. 1,900 puts. The net result is $75 million favoring the put (bear) instruments.
  • Between $48,000 and $50,000: 1,190 calls vs. 1,130 puts. The net result is balanced between call and put options.

Bulls need $48,000 or higher to balance the scales

AEX Operation Team

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Aex Global

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