Analysis: Traders Are Hedging Against the Risk of BTC Falling Back to the $100,000 Mark

As geopolitical and economic uncertainties rise in global financial markets, traders are hedging against the risk of prices falling back to the $100,000 mark. Trading data shows a surge in demand for put options—downside protection instruments that grant holders the right to sell at a specific price—with short-term contracts being particularly prominent. Among options expiring on June 20, open interest in $100,000 strike puts tops the list, with a put/call ratio of 1.16, highlighting market concerns over a short-term decline. According to analysis, the market’s cautious sentiment stems from the high degree of uncertainty faced by Federal Reserve policymakers—ranging from heightened tensions in the Middle East and energy price volatility to inflation and labor market risks brought on by the Trump administration’s tariff policies. As the Federal Reserve is expected to hold rates steady for a fourth consecutive time later on Wednesday, market attention will shift to its latest forecasts for economic growth, unemployment, and interest rates. (Fortune)