$BTC Traders Warn in the Bitcoin Derivatives Market

Bitcoin is currently trading at around $88,000, while indications point to a decrease in the use of leverage in the derivatives market. Data from Coin Glass shows that the open trading volume of Bitcoin futures contracts on major exchanges is around $58.19 billion and is trending downward.

In the options market, the inclination to buy call options, at 64.8% of open positions, reflects an optimistic outlook among traders. However, the increase in activity in the put options market also indicates effective risk management. Major expiration dates are concentrated on December 26, which may affect market volatility at the end of the year.#BinanceHODLerMorpho #Binanceholdermmt #FOMCWatch