Analysis: Traders are hedging against a possible BTC price drop to $100,000
Odaily News As geopolitical and economic uncertainty rises in global financial markets, traders are hedging the risk of prices falling back to the $100,000 mark. Trading data shows that demand for put options (downside protection tools that give holders the right to sell at a specific price) has surged, especially for short-term contracts. Among options expiring on June 20, open interest in put contracts with an exercise price of $100,000 topped the list, with a put/call ratio of 1.16, highlighting market concerns about short-term declines. According to renewing, market caution stems from the highly uncertain environment faced by Federal Reserve policymakers - geopolitical tensions in the Middle East and volatile energy prices, coupled with inflation and labor market risks brought about by the Trump administration's tariff policy. With the Federal Reserve expected to keep interest rates unchanged for the fourth consecutive time later on Wednesday, market focus will turn to its latest forecasts for economic growth, unemployment and interest rates. (Fortune)
