The post Derivatives Sentiment Improves as Bitcoin Rallied to 2-Month High: Bybit Report appeared on BitcoinEthereumNews.com. Home » Crypto News Bybit’s Risk-AppetiteThe post Derivatives Sentiment Improves as Bitcoin Rallied to 2-Month High: Bybit Report appeared on BitcoinEthereumNews.com. Home » Crypto News Bybit’s Risk-Appetite

Derivatives Sentiment Improves as Bitcoin Rallied to 2-Month High: Bybit Report

4 min read

Home » Crypto News


Bybit’s Risk-Appetite Index recorded an uptick, suggesting that some traders have opened perpetual positions to capture any further rallies in spot prices.

‘;
}

function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);

const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);

scriptEl.src = scriptURL.toString();

// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}

function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}

// Initial Load for Desktop
if (window.innerWidth > 768) {

const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}

// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}

// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();



Summarize with AI



Summarize with AI

The derivatives market is witnessing a change in sentiment, with funding rates and open interest rising. A Crypto Derivatives Analytics report from the trading platform Bybit and research firm Block Scholes attributed this change to bitcoin’s (BTC) latest recovery and move to the upper $90,000 range.

According to analysts, bitcoin’s breakout coincided with rising perpetual futures open interest and higher funding rates for multiple altcoins. This is reflected in futures term structures clustering at similar levels and short-dated options moving toward a neutral volatility skew

Derivatives Sentiment Improves

Before the price rally, BTC traded between $85,000 and $95,000. The breakout into the $97,000 region triggered a surge in open interest past $8 billion across nine major coins. As BTC rallied, the altcoin market was lifted and open interest returned to levels seen at the start of the year when BTC surged to $94,000.

Bybit’s Risk-Appetite Index recorded an uptick, suggesting that some traders opened perpetual positions to capture any further rallies in spot prices. This turn in spot price movement has been supported by flows into altcoin spot exchange-traded funds (ETFs). Both ether (ETH), Solana (SOL), and XRP ETFs have seen multiple consecutive days of inflows over the past week.

As for Bitcoin options, the breakout had little impact on the at-the-market (ATM) volatility levels. While realized volatility spiked towards the end of last week after moving sideways, short-tenor implied volatility has been lower around 22% over the last 12 months. Analysts say it is unsurprising that options market volatility has continued its downward trend, as bitcoin’s price has traded in a sideways chop over the past month.

Will the Positive Change Hold?

Nevertheless, derivatives market conditions are supporting a continuation of the latest bitcoin rally. There are signs of a strong willingness for leveraged exposure, with volatility smiles for shorter-dated options moving towards neutral skew from bearish positions. Also, the market is seeing a seven-day futures trade with a 10% premium over the spot price.

Amid this noticeable shift in derivatives sentiment, there are concerns that BTC hovering around $95,000 would not be enough to sustain the change from bearish to neutral. Although the market is yet to see short-dated volatility smiles fully skew towards calls, historical patterns suggest that bitcoin’s failure to hold $95,000 will trigger a return to the put premium.

You may also like:

SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source: https://cryptopotato.com/derivatives-sentiment-improves-as-bitcoin-rallied-to-2-month-high-bybit-report/

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0007038
$0.0007038$0.0007038
-8.04%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Enters ‘Washout Zone,’ Then Targets $30, Crypto Analyst Says

XRP Enters ‘Washout Zone,’ Then Targets $30, Crypto Analyst Says

XRP has entered what Korean Certified Elliott Wave Analyst XForceGlobal (@XForceGlobal) calls a “washout” phase inside a broader Elliott Wave corrective structure
Share
NewsBTC2026/02/05 08:00
Republicans are 'very concerned about Texas' turning blue: GOP senator

Republicans are 'very concerned about Texas' turning blue: GOP senator

While Republicans in the U.S. House of Representatives have a razor-thin with just a four-seat advantage, their six-seat advantage in the U.S. Senate is seen as
Share
Alternet2026/02/05 08:38
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27