Deribit Asia Pacific Business Head: The market is already experiencing FOMO and is anticipating BTC to break through $69,000

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on platform X stating: "The options market for BTC is starting to diverge; there are those paying nearly a million dollars to buy 300 BTC call options with a strike price of $60,000 expiring at the end of March; there are also sellers of call options with a strike price of $65,000 expiring at the end of September, earning a premium of $3.74 million; and some are selling bull spreads, such as selling calls with a strike price of $60,000 expiring at the end of June while buying calls with a strike price of $75,000 for protection. The market has already FOMOed, feeling like it’s about to rise to $60,000 any minute now, and everyone seems to be waiting for a breakout above $69,000."