Deribit: $60K Put Tops Bitcoin Options Open Interest
Omkar Godbole reports the $60K put now holds the highest open interest across Bitcoin options expiries on Deribit.
SourceAnalysis
Omkar Godbole flagged that the $60K put now leads open interest distribution across expiries on Deribit.
BTC trades at $64528 inside the Bollinger band with lower support at $62357.95. The 50-EMA at $70719.62 and 200-EMA at $76967.58 sit well above price, confirming the bearish structure while RSI at 28.38 signals oversold conditions and MACD prints a death cross at -2255.1.
Omkar Godbole, MMS Finance, CMT
@godbole17Staff of MMS Finance.