Analyst: Bitcoin options call ratio is optimistic ahead of June end quarterly options expiration

Odaily News Analysts point out that as Bitcoin approaches its weekly, monthly, and quarterly options expiration date this Friday (June 28), derivatives market indicators continue to show continued bullish sentiment on Bitcoin. The number of call options far exceeds the number of put options, especially above $65,000, said Bartosz Lipinski, CEO of Cube.Exchange. This may be a byproduct of the bullish sentiment we had earlier this month, rather than the current situation we are considering - German authorities have sold a lot of Bitcoin, spot Bitcoin ETFs saw outflows of about $900 million last week, and have fallen sharply from recent highs, Bitfinex analysts also pointed out the bullish-put option bias, emphasizing that the put-call ratio for the quarterly options expiring at the end of June is 0.53. (TheBlock)