I noticed an interesting trend in the Bitcoin options market. Currently, BTC is hovering around 71,500, and traders are clearly optimistic. The options data shows approximately a 35% probability that Bitcoin will break the 80,000 level by the end of June. That's a pretty serious bet.

The most interesting part is how the skew of options has changed. Back in February, when there was panic and BTC was falling, the indicators were deeply in the negative (minus 25%). Now they have recovered to plus 10 percent. This means traders are closing protective positions — hedging less against a crash and more believing in growth.

Additionally, it is evident that activity in selling put options has increased. Traders are willing to take on the risk of a decline in exchange for the premium. Over the past month, Bitcoin has already risen about 5 percent, and it seems many are expecting the rally to continue upward throughout the summer. Sentiment has clearly shifted to a bullish stance.