Bitcoin Futures and Options Signal Caution as BTC Approaches $70K

Written by Marcel Pechman , Staff Writer Reviewed by Ray Salmond , Staff Editor Bitcoin futures, options market flash caution even as BTC chases $70K 2 hours ago Bitcoin bulls are chasing after $70,000 but cautious signals from the futures and derivatives market could explain why success remains elusive. Listen 0:00 Market Analysis Cointelegraph in your social feed Subscribe on Subscribe on Key takeaways: Bitcoin derivatives show persistent fear despite the current rally toward $70,000, as seen by futures premiums being pinned well below neutral levels. The markets’ cautious stance stems from broad risk-aversion and lingering concerns over institutional BTC liquidations and Bitcoin network security. Bitcoin ( BTC ) retested the $70,000 level on Wednesday, recovering from Tuesday’s low of $62,500. While inflows into Bitcoin exchange-traded funds (ETFs) helped stabilize market sentiment, the momentum failed to restore confidence within the BTC derivatives markets. Traders remain concerned that underlying factors are preventing a sustained rally toward $75,000. Bitcoin US-listed ETFs daily net flows, USD million. Source: Farside Investors US-listed Bitcoin ETFs recorded $764 million in net inflows over two days, partially offsetting the $1.