Bitcoin’s price stability between $107,000 and $111,000 belies growing tension in the options market, with traders bracing for potential volatility ahead of the Bitcoin Conference in Las Vegas. Institutional inflows into spot-BTC ETFs are anchoring prices, but derivatives traders are actively hedging against downside risks. Analysts warn that headline-driven swings could disrupt the current equilibrium.
- Bitcoin's narrow price range contrasts with elevated options volatility, as traders hedge against potential swings from the Bitcoin Conference.
- Spot-BTC ETFs saw $2.75B in net inflows last week, but derivatives data shows rising demand for downside protection.
- Analysts are split: QCP warns of headline risks, while Astronomer predicts a cyclical rally until the June 18 FOMC meeting.
📎 Related coverage from: newsbtc.com
