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Bitcoin Call Demand Strengthens as Spot Selling Eases

Glassnode reports stronger demand for Bitcoin call options and easing net spot selling. Increased ETF inflows add support to the demand picture, but the combined signals remain mixed.

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Bitcoin Call Demand Strengthens as Spot Selling Eases
Bitcoin’s derivatives market is showing a more bullish tilt, even as spot-market selling continues, according to a September 8 report from Glassnode cited by CryptoSlate. The report found that call options have become richer, indicating stronger demand for upside exposure among market participants. At the same time, net selling in the spot market has eased rather than fully reversed. Stronger inflows into Bitcoin exchange-traded funds add another layer to the demand picture, but the report suggests these flows do not provide a straightforward signal when viewed alongside ongoing spot selling. The mixed indicators leave Bitcoin’s market positioning divided between bullish options activity and cautious cash-market behavior. No specific price target or forecast was provided in the source material.
Source CryptoSlate This is an original Moneyiar brief based on the cited source.
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