According to ChainCatcher, Deribit CEO Luuk Strijers said that the positioning of Bitcoin options is consistent with the previous halving, the market is bullish, and call options are priced higher than put options expiring at the end of June 2024. Although Bitcoin prices have fallen recently, positive price effects will take time to materialize.
In addition, he also emphasized that "the market has not turned bearish yet", which may cause short-term downward pressure due to Bitcoin's sensitivity to the macroeconomic environment. High-risk assets like Bitcoin are closely related to macro events and turbulence, and will dominate the scarcity effect of short-term halving.