BTC Options target price range is rising: The strike prices for the open contracts expiring at the end of September and in December have reached 140,000 and 150,000 USD.

[BTC Options Target Price Range Rises: Unsettled Contract Strike Prices for September and December Expiry Have Reached $140,000 and $150,000] Bitcoin options data shows that traders have now set their sights on higher price ranges. Unsettled contracts on CEX exchange are clearly concentrated on call options with strike prices of $115,000 and $120,000. For longer-term options expiring at the end of September and December, unsettled contracts have extended to strike prices of $140,000 and $150,000. Chris Newhouse, Research Director at DeFi trading firm Ergonia, pointed out: 'The options market is reflecting strong bullish sentiment, and prior to breaking through historical highs, we just encountered the largest short position liquidation since May 7, with about $447 million positions liquidated. This clearly indicates that short positions have become overly crowded and are highly susceptible to a short squeeze.' Market analysis suggests that Bitcoin's historic new high is due to persistent accumulation by institutional investors, with major participants absorbing supply in large quantities and consuming liquidity from the exchanges.