🚨 #BTC Options Market Update (Tech & Intel) 🛡️

📊 Market Overview:
- Bitcoin is trading strong above $100K with positive ETF flows and a recent price close of $106,235, up 2.4%.
- Whale alert 🐋: 1,000 BTC deposited to Binance may indicate short-term volatility.

⚙️ Options Insight:
- Notable options activity for BTC with the 07FEB25 110000-P trading 7,011.44 USD on Deribit, suggesting solid demand for protective puts around the $105K mark.
- Increased active addresses (10%) hint at a bullish network environment, though whale activity might influence short-term patterns.

🤔 Sentiment Analysis:
- Sentiment slightly bearish with low social sentiment, but acts as a contrarian indicator for potential breakout 🚀.
- Social media shows 4:5 positive to negative ratio, suggesting a cautious mood.

Stay tuned for potential trends and opportunities in BTC options as market interest remains heightened! 📣

#MarketUpdate #CryptoNews #OptionsTrading #TraderAlert
#BTC