Odaily Planet Daily reports that Greeks.live macro researcher Adam posted on the X platform stating that put options still dominate the market. Today, over $1 billion in Bitcoin bulk put options were traded, accounting for 37%, primarily out-of-the-money options between $60,000 and $65,000. In terms of expiration, the main focus is on medium-term options for next month and March, indicating that institutions hold a negative outlook on medium to long-term trends. Within one to two months, bearish market expectations are strong.
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