QCP: Institutions or those who believe the market has bottomed out are increasing their bullish bets for December and next March

BlockBeats reports that on September 9, QCP released a daily analysis stating that cryptocurrencies have stabilized after last week's fluctuations, but implied volatility remains high. The market seems to still anticipate some events this week will bring volatility, especially the debate between Trump and Harris and the Consumer Price Index.

Due to the rapid decline last week, the market is still very cautious about downside risks. Until October, risk reversals for BTC and ETH are still leaning towards put options.

Despite short-term noise and price fluctuations, a structurally bullish stance is maintained. The market also seems to be taking advantage of this downturn to increase long-term bullish trades.

In this transaction, a large number of buyers purchased call options expiring on March 28th, 2025 (with strike prices at 85k、100k、120k). Some institutions seem to think that the market has bottomed out and took the opportunity to increase their bullish bets in December and March.