Bitcoin’s price rebounded sharply to $71,500 after a significant and historic sell-off, sparking renewed investor interest and optimism. Despite this impressive rally, options market data indicates that experienced traders remain wary, reflecting uncertainty about whether the recovery can be maintained. The cautious stance among pro traders suggests underlying risks and volatility may still influence Bitcoin’s short-term trajectory. This mixed outlook leaves the question open: has the sell-off truly ended, or is the market bracing for further fluctuations?
Bitcoin price soared back above $71,000, but BTC options data shows pro traders are still extremely cautious about the sustainability of the rebound rally. Is the sell-off really over?
Source: Cointelegraph