<ul data-eligibleForWebStory="false"><li>Bitcoin has experienced a significant rally and remains stable above $108,000, but the options market is showing signs of cooling off, reminiscent of past summer slowdowns.</li><li>Glassnode reports a slowdown in Bitcoin options market activities, with implied volatility and trading volumes notably decreasing, indicating reduced speculative interest possibly due to seasonal factors.</li><li>Despite the declining options market activity, Bitcoin's price remains strong. Analysts predict key breakouts for Bitcoin as it breaks out from falling wedge and bull flag patterns towards a potential new all-time high of $140,000.</li><li>While Bitcoin's price is currently around $108,271, showing a slight drop, trading volume is increasing, suggesting potential market momentum building up.</li></ul>

Bitcoin Options Market Cools Off, Echoing Familiar Summer Slowdowns – What This Means

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