Bitcoin Market Shifts into Accumulation Phase, Driven by Record Options Interest

Bitcoin’s Heat Macro Phase has cooled, signaling a potential shift towards accumulation. Key indicators point to Bitcoin entering a new phase of price consolidation and portfolio repositioning. This comes with a record $63 billion in options open interest, tripling 2023’s peak levels, indicating strong bullish sentiment even amidst volatility. Experts attribute this surge to growing institutional demand for leverage and the expansion of the derivatives market.