Bitcoin Options Show Bullish Open Interest as Put Demand Signals Near-Term Caution

Bitcoin options data as of Aug. 9 showed a market split between medium-term optimism and short-term caution. Total open interest stood at $25.34075 billion, down 0.63% from the prior day, with options volume around $775.91 million. Traders are keeping a bullish core view while hedging against near-term volatility, per Coinglass data.