Bitcoin options traders bet on $90K rebound as analysts flag early signs of market base forming

Bitcoin options traders are positioning for a potential rebound to $90,000, according to Derive, which notes easing downside skew in options markets. Analysts are identifying early signs that a market base may be forming, suggesting cautious optimism among traders for a bitcoin recovery.

• →Options traders are betting on bitcoin reaching $90,000 in a potential recovery.
• →Derive reports that downside skew in bitcoin options is easing, indicating reduced bearish sentiment.
• →Options positioning shows traders are cautiously preparing for a potential bitcoin rebound.
• →Analysts are flagging early signs that a market base may be forming for bitcoin.
• →The options market sentiment suggests a shift from extreme bearishness toward cautious optimism.