Analysis: Bitcoin breaks through the key level of $92,000, with the options market betting on a rise to $100,000

BTC3,48%
DASH2,23%
ETH4,86%

Odaily Planet Daily reports that Bitcoin rose above $92,000 on Tuesday, with daily trading volume increasing by 25% to $37 billion. Its next major resistance level is at $94,500; DASH surged 63%, leading to the liquidation of $1.3 million in short positions; over the past 24 hours, the total network leverage futures liquidation reached $180 million, affecting both long and short positions.

Currently, the 30-day implied volatility index for BTC and ETH is under pressure. Open interest (OI) in futures remains roughly flat. The basis (futures premium) for Bitcoin and Ethereum futures listed on CME is stable at just below 5%. On Deribit, the trading prices of BTC and ETH put options continue to be higher than call options, but there appears to be demand in the market for BTC call options with strike prices of $98,000 and $100,000, as well as ETH call options. (CoinDesk)

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Bearish Sentiment Hits 5-Week High As Fear Returns to Crypto Market

Bitcoin (BTC) is heading into the end of the weekend with a familiar mix of nerves and opportunity. A new Santiment readout, amplified by Crypto Rover, says bearish sentiment around BTC has jumped to a five-week high, while the market itself is hovering near $66,972, with an intraday high of $67,487

BlockChainReporter13m ago

TD Cowen analyst reiterates a Buy rating for Strategy (MSTR), with a 2026 target price of $440

Gate News message, April 6, 150 billion-dollar investment bank TD Cowen analyst Lance Vitanza reiterated a buy rating for Bitcoin reserve company Strategy (MSTR), with a 2026 target price of $440.

GateNews17m ago

Solo Bitcoin Miner Wins $210K Block Reward Against Huge Odds

A solo Bitcoin miner has achieved something that most people in the crypto space consider nearly impossible today. The miner successfully validated a block and secured a reward worth around $210,000. This win came despite facing extremely low probability odds, estimated at roughly 1 in 28,000. In a

Coinfomania29m ago

BTC profit/loss trade ratio is 2.95, the highest level in 12 weeks

Gate News message: On April 6, according to Santiment data, the BTC profit-loss trade ratio reached 2.95, the highest level in 12 weeks. This indicator measures the ratio of profitable trades to losing trades; the current value shows that the share of profitable trades in the market is significantly higher than that of losing trades, reaching a recent peak level.

GateNews47m ago

BTC 15-minute pullback of 0.66%: Trade policy shock combined with large holders selling off triggers downside pressure

From 06:15 to 06:30 (UTC) on 2026-04-06, the BTC price dropped from 68807.2 to 69308.1 USDT; the 15-minute return recorded -0.66%, and the amplitude reached 0.72%. During this period, market volatility intensified, with trading volume and social discussion heat increasing in tandem, reflecting intense short-term capital games. The main driving force behind this abnormal movement came from sudden changes at the macro policy level. The United States has recently increased tariffs and continued its high-tariff policy, causing a sharp drop in global risk appetite and prompting investors to withdraw en masse from high-volatility assets. Related con

GateNews1h ago
Comment
0/400
No comments