As Bitcoin Rises to $61,000, Why Are Derivatives Traders Skeptical?

Bitcoin's recent rise to $61,000 has attracted market attention, but at the same time, derivatives traders remain cautious about this trend. It is not difficult to find the following reasons.

First, the cryptocurrency market showed strong price trends before the Federal Reserve released an important monetary policy decision on September 18, but the overall sentiment remained weak. Although the price of Bitcoin broke through the $60,000 mark, the data of futures and options showed investors' cautious attitude.

Second, while the improvement of macroeconomic data may have driven Bitcoin's rise in the short term, analysts warned that the risks of stock market bubbles and recession in the consumer sector persist. All this makes traders doubt the momentum behind the market.

Finally, the derivatives market showed neutral or even slightly bearish sentiment, which makes future trends difficult to predict. In this environment, we call on investors to pay full attention to upcoming economic indicators and market signals when making decisions to avoid potential risks and seek more robust investment strategies.

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