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Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to see what data says about the Bitcoin (BTC) price outlook, alongside insights into the current sentiment in the options market. Remember, this being the last Friday of April, monthly options expired today at 8:00 UTC on Deribit.

Strong Market Expectations of Bitcoin Reaching $100,000

During the early hours of the Asian session, over $8 billion worth of Bitcoin and Ethereum options expired. Out of these, BTC options contracts accounted for over $7 billion in notional value.

Interestingly, Bitcoin traded well above its max pain or strike price of $86,000. Ordinarily, as options near expiration, an asset’s price would tend to gravitate toward its max pain level. While Bitcoin traded for $93,471 minutes before the options expiry, it is now selling for $94,581.

BeInCrypto contacted Bitfinex analysts for insights into the current market outlook and their perspective on what lies ahead for the Bitcoin price in the short term. According to the analysts, Bitcoin’s price could record further upside after clearing option-based resistance.

“Post-expiry, the market is leaning cautiously bullish, and with the $90,000 strike cluster now cleared, there’s less option-based resistance overhead,” Bitfinex analysts told BeInCrypto.

Further, the analysts observed that many traders have rolled exposure to higher strikes, with $95,000 and $100,000 showing increased call open interest for end-April and May expiries.

While this reflects the expected continued upside, the analysts did not rule out a potential short-term chop.

This aligns with Deribit analysts’ statements that the highest open interest for BTC options was around the $100,000 strike price. This indicates strong market expectations of Bitcoin reaching this level.

As BeInCrypto reported, the analysts ascribed this to traders selling cash-secured put options on Bitcoin. These traders also use stablecoins to collect premiums while buying BTC at lower prices.

BeInCrypto also reported that the Cumulative delta (CD) across BTC and related ETF (exchange-traded fund) options on Deribit reached $9 billion. Bitfinex analysts agree, citing rising spot flows and ETF demand.

“Spot flows and ETF demand have picked up significantly for BTC over the past few days and will now continue to dictate if BTC can establish $90,000 as support,” the analysts added.

Meanwhile, these forecasts add to the list of growing bullish bets on Bitcoin’s price, credibly confirming a sentiment shared in the previous US Crypto News publication.

However, despite strong prospects for more Bitcoin price gains, some analysts urge investors to temper their optimism. One is Innokenty Isers, the Chief Executive Officer at Paybis Exchange.

“Current market outlook suggests that Bitcoin price may face more stiff resistance moving forward. In the last two months, the uncertainty around the tariff war triggered an unusual concern for investors as many decided to temporarily steer clear of more volatile assets like Bitcoin,” Isers told BeInCrypto.

Moreover, the Federal Reserve (Fed) has spotlighted the inflationary risks the tariff war may introduce. Nevertheless, Isers acknowledged clear indications of sustained accumulation of BTC by institutional investors and market whales.

Chart of the Day

This chart shows that the top Bitcoin options by trading volume over the past 24 hours are call options with strike prices of $95,000 and $100,000, ahead of the May 2 expiry.

Byte-Sized Alpha

• Bitcoin rebounds 25% in April, shifting market sentiment from fear to greed, per the Crypto Fear & Greed Index readings.
• Cardano gained 15% in a week, holding a bullish structure despite a volume dip and early signs of consolidation near key price levels.
• Bitcoin ETFs extended their inflow streak to five days, with $442 million added Thursday, bringing the weekly total to $2.68 billion.
• Base blockchain saw a surge in TVL, rising by $557 million to $3.335 billion following Binance.US integration for ETH and USDC transfers.
• SUI token has surged 62% this week due to rumors of a Pokémon collaboration fueled by Parasol Technologies’ involvement.
• USD1 stablecoin, launched by World Liberty Financial, is subject to the EU’s MiCA regulations, which require compliance with transparency, reserve backing, and conflict of interest rules.
• Arbitrum’s bid to join Nvidia’s Ignition AI Accelerator program was rejected due to Nvidia’s risk control strategy, which excludes crypto-related projects.

Crypto Equities Pre-Market Overview

The post Crypto Options Rollover Signals Bullish Tilt Toward $100K Bitcoin Breakout | US Crypto News appeared first on BeInCrypto.

As the broader crypto market begins to recover from recent lows, on-chain data reveals a growing behavioral divide between Bitcoin’s long-term and short-term holders.

Its Long-term holders (LTHs) have resumed net accumulation for the first time since the last local top, while short-term holders (STHs) appear to be exiting the market.

BTC LTHs Return to Accumulation as STHs Capitulate

In a new report, pseudonymous CryptoQuant analyst IT Tech noted that a clear behavioral divide has emerged between BTC’s LTHs and STHs, suggesting the early formation of a re-accumulation phase.

This is based on an assessment of BTC’s Net Position Change for Long-Term Holders (LTH), which, per the analyst, has now flipped positive for the first time since BTC’s last local peak.

“This suggests that experienced, conviction-driven participants are gradually returning to accumulation after several months of sustained distribution. Their activity often reflects strategic, cycle-aware repositioning, not necessarily whale-sized capital flows,” the analyst noted.

Meanwhile, BTC STHs—those who have held BTC for less than 155 days—are selling into weakness, with net outflows remaining firmly in negative territory. This trend suggests capitulation, as newer investors reduce their exposure to the coin in response to recent price troubles. 

IT Tech noted that this behavioral divergence “tends to signal early stages of a re-accumulation phase.”

“Suppose long-term participants continue increasing their positions while short-term supply gets flushed out. This setup may serve as a constructive base for future price recovery, even if short-term price action remains choppy,” the analyst said. 

Momentum Builds for Bitcoin as Buying Pressure Surges

On the daily chart, BTC’s positive Chaikin Money Flow (CMF) reflects increasing investor demand and positive cash flow momentum. This further reinforces the possibility of a bullish breakout as projected by the analyst. 

At press time, this momentum indicator, which measures how money flows into and out of an asset, is at 0.10. A positive CMF reading like this indicates that buying pressure outweighs selloffs among market participants and hints at an extended price growth for BTC. 

Moreover, the coin’s Aroon Up Line currently sits at 100%, reinforcing the strength of its ongoing uptrend.

An asset’s Aroon Indicator measures the strength and direction of a trend by tracking the time since the highest and lowest prices over a given period. It comprises two lines: Aroon Up, which measures bullish momentum, and Aroon Down, which tracks bearish pressure. 

As with BTC, when the Aroon Up line is at 100, it signals strong upward momentum and a dominant bullish trend. This suggests that buying pressure is high, and the price may continue rising.

BTC Bulls Eye New Highs

BTC now trades firmly above the key support formed at $91,851. If the bullish pressure holds and demand rockets, the king coin could continue its uptrend to exchange hands at $95,971.

However, if traders resume profit-taking, this bullish projection will be invalidated. In that scenario, BTC’s price could retest the support at $91,851. Should it fail to hold, its price could fall to reach $87,730.

The post How Bitcoin Holders’ Sentiment Split Signals Early Re-Accumulation Phase appeared first on BeInCrypto.