““Call Options at $ 95k Strikes for End-April and End-May Expiries have Dominated Flow, Pointing to A Tactical Appetite for Further Upside,“ A Trading Firm Said.”, – WRITE: www.coindesk.com
- Bitcoin Traded Above $ 93,000 As Traders Showed Optimism for Short-Term Gains.
- Call Options Suggest Traders Expect Bitcoin to Surpass $ 95,000 by Late April or May.
- Sui Network’s Sui Sawa A Weekly Gain of Over 62%, with Its TVL Exceeding $ 1.6 Billion.
“WITH BTC HOLDING FIRMLY ABOVE $ 90K, Sentiment Is Become IncreASINGly Optimistic,” QCP Capital Said in a Telegram Broadcast. “Call Options at $ 95k Strikes for End-April and End-May Expiries have Dominated Flow, Pointing to A Tactical Appetite for Further Upside.”
Call Options Are Contracts Giving the Buyer the Right to Purchase An Asset at A Set Price Before A Deadline. A Flurry of Call Option Buying Activity Indicates Tradicates Are Betting Bitcoin’s Price Will Exceed $ 95,000 by Late April or May – A Tradeable Signal For Retail Traders.
“Still, with macro risks temporarily subDUED and trade tensions cooling, btc is likely to consolidate in a narrow $ 90k – $ 94.5k SAID, REITERATING ITS TONE OF REMINNING “CAUTIUS” as Market Sentiment Hinges on Macroeconomic Factors.
Among Majors, Xrp, Bnb Chain’s Bnb Stayed Flat and Solana’s Sol Showed A 2% Bump. Dogecoin (Doge) and Cardano’s Ada Zoomed More than 4%, While Shiba Inu (Shib) Added 5%.
The Broad-Based Coindesk 20, A LIQUID INDEX TRAKING The LARGEST TOKENS by Market Capitalization, Rose 1.2%.
Outside of Majors, Sui Network’s Sui Continued a multiday Rally to Bring Weekly Gains to Over 62%. Catalysts Include the EcoSystem Company Xportal, WHICH IS RELEASING A PAYMENT CARD THAT RUNS ON THE MASTERCARD NETWORK.
https://x.com/suinetwork/status/19153953121111530191
Data from Defillama Shows that the Total Value Locked (TVL) on the Sui Network Has Exceeded $ 1.6 Billion, An Increase of Over 9% in the Past 24 Hours.
Additionally, The Decentralized Exchange (Dex) On the Sui Network Has Seen Iten Its 24-Hour Trading Volume Reach $ 599 Million, Showing A 35% Growth Compared to The Previos Week.
Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.
He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.
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