10x Research: Investors have strong demand for Bitcoin put options, and the market is highly alert to events such as US Non-farm Payrolls (NFP), BLS revisions, CPI, and interest rate meetings.

CoinVoice has recently learned that, according to 10x Research analysis, Bitcoin is currently maintaining a support range of $106,000–$108,000, but market signals indicate a potential significant breakthrough.

Options market data shows that traders' concerns about short-term downside risks have intensified, especially regarding events related to the upcoming US employment data, BLS revisions, CPI, and the Federal Reserve's interest rate meeting. The current skew in the options market is -4.3%, reflecting strong demand for put options, indicating that the market's expectation for a significant decline in Bitcoin prices has increased. Additionally, the technical outlook suggests that Bitcoin's trend may not be solely downward, as US Treasury yields decline and expectations for interest rate cuts rise, the Federal Reserve faces one of the most critical policy tests of the year. Market catalysts are accumulating, and the trends in the coming days may determine the next phase of Bitcoin's direction. Investors need to closely monitor the release of relevant data and market reactions to seize potential trading opportunities.