10x Research: Investors have strong demand for Bitcoin put options, and the market is highly vigilant about non-farm data, BLS corrections, CPI and interest rate meetings.

According to PANews on September 5, according to 10x Research analysis, Bitcoin is currently maintaining a support range of US$106,000–108,000, but market signals indicate that an important breakthrough may be made. Options market data show that traders are concerned about short-term downside risks, especially the risks related to the upcoming U.S. employment data, BLS corrections, CPI and the Fed's interest rate meeting on September 17. The current skew in the options market is -4.3%, reflecting strong demand for put options by investors, indicating that the market's expectations of a sharp decline in Bitcoin prices have increased. In addition, technical aspects show that Bitcoin trend may not be a unilateral downward trend. With the decline in U.S. Treasury yields and expectations of interest rate cuts heating up, the Federal Reserve faces the most critical policy test of the year. Market catalysts are accumulating, and the trends in the next few days may determine the direction of Bitcoin’s next stage. Investors need to pay close attention to the release of relevant data and market reactions to seize potential trading opportunities.