ChainCatcher reported that according to The Block, despite the developments that may increase the downside risk of Bitcoin, such as the Mt. Gox trustee's announcement that it will repay debts in Bitcoin and BCH in July, and the German authorities' confiscation of 50,000 Bitcoins worth more than $2.1 billion in pirate activities, the put-call ratio of Bitcoin options remains optimistic. Analysts pointed out that with the expiration of Bitcoin weekly, monthly and quarterly options this Friday (June 28), derivatives market indicators continue to show bullish sentiment on Bitcoin.
Cube.Exchange CEO Bartosz Lipinski said that the number of call options far exceeds that of put options, especially above $65,000, which reflects more bullish sentiment at the beginning of the month than current market conditions. Bitfinex analysts also pointed out that the long-short ratio at the end of June quarterly expiration was 0.53, indicating widespread bullish sentiment among traders.