The total crypto market capitalization increased by 26% in seven days, reaching $1.16 trillion on March 17. Bitcoin (

Since March 12, the demand for neutral-to-bullish call options has increased, indicating the growing risk appetite of derivatives traders. The movement peaked on March 17, when the volume of call options exceeded the volume of protective put options by a 3:1 ratio.

The gap favoring call options has stabilized at 2:1, indicating that professional investors are unconcerned following the March 17 rejection of the $1.16 trillion market capitalization level. In the end, data indicates a strong conviction for Bitcoin’s support at $26,000, so bulls are in a stronger position to continue their rally.

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