Analysis: Bitcoin options market bets on upside

Bitcoin remains below $110,000 amid macro uncertainty, but options data signals bullish sentiment. A -6% delta skew shows demand for call options, while futures premiums rose to 8%, reflecting growing interest in leveraged longs. According to Cointelegraph, institutional demand stays strong with $2.75 billion in ETF inflows and Strategy's $427 million BTC purchase. Markets now await Nvidia earnings (May 28) and PCE inflation data (May 30) for the next potential breakout trigger.