Analysts: Bitcoin options traders bet that September prices are expected to break through $100,000.

ChainCatcher news, according to The Block, analysts say that Bitcoin derivatives traders are betting on an optimistic price increase in September, breaking through the $100,000 mark.

Analysts at QCP Capital stated that the Bitcoin risk reversal has turned positive, with call options now more expensive than put options, indicating bullish investor sentiment, as they are willing to pay a higher price for options that benefit from a rise in Bitcoin. The analysts added, "We are seeing renewed demand for Bitcoin call options with a strike price of $75,000 for September, and demand for $100,000 call options has also increased."

Data from the Deribit derivatives exchange also corroborates this observation. According to its data, the largest trading volume in the options market, calculated by instrument, is for Bitcoin call options with a strike price of $110,000 expiring at the end of September.

However, Stocklytics analyst Neil Roarty believes that for Bitcoin to reach above $100,000, "it must demonstrate greater resilience in the face of increasing regulatory scrutiny and broader political and economic uncertainty."

Despite the bullish sentiment in the derivatives market, Bitfinex analysts have observed that the activity of Bitcoin whales may indicate further selling pressure in the short term. According to this week's Bitfinex Alpha report, the Bitcoin exchange whale ratio suggests that selling pressure may increase. These investors have been observed transferring more Bitcoin assets to exchanges, increasing the likelihood that they may be preparing to sell.