According to a macro researcher from Greeks.live, put options continue to dominate the Bitcoin options market. Today's BTC put options trading surpassed $10 billion, representing 37% of volume, with a focus on out-of-the-money contracts between $60,000 and $65,000. The main maturities targeted are medium-term options expiring within one to two months, suggesting institutions expect bearish trends in the medium to long term.

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