Bitcoin Derivatives Traders Double Down on Bullish Bets—Defying September’s Seasonal Risks
Derivatives markets scream optimism as Bitcoin traders pile into bullish positions—ignoring historical September headwinds.
Futures and options data reveal aggressive long positioning, with open interest climbing toward yearly highs. Call options dominate the flow, particularly out-of-the-money strikes targeting significant upside by year-end.
Seasonal skeptics point to September’s track record—traditionally a brutal month for crypto. But this crowd? They’re betting the pattern breaks. Hard.
Leverage levels remain elevated, funding rates hold steady—no panic in the derivatives pits. Even regulatory whispers and macro uncertainty fail to dampen the mood.
One veteran trader shrugged: 'What’s a seasonal trend against a supply shock and institutional FOMO?' Classic crypto logic—ignore history, embrace hopium.
Will the gamble pay off? Or is this another case of traders overestimating their timing—and underestimating volatility? Place your bets. The house always wins.