Bitcoin investors are known for their bullish outlook, and despite multiple failed attempts to sustain prices above $71,000, derivatives betting on $80,000 and $90,000 continue to rise. This is driven by expectations of high-volatility events such as geopolitical tensions, socio-political changes, U.S. presidential support, and increased corporate adoption of Bitcoin. Bitcoin bulls were overly optimistic, betting on $72,000 or higher Bitcoin’s $6.5 billion options expiry on May 31 is a prime example. Bulls’ failure to break the $70,000 resistance over the past week suggests these optimistic call (buy) options may become worthless. Notably, 91% of these instruments were placed at
![Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge](https://resources.cryptocompare.com/news/77/30938244.jpeg "Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge")
![Bitcoin [BTC] Signals Potential Rebound Amid Market Fear and Accumulation Trends](https://resources.cryptocompare.com/news/77/30940887.jpeg "Bitcoin [BTC] Signals Potential Rebound Amid Market Fear and Accumulation Trends")
