Bitcoin funding rates remain at 7%, indicating cautious bullish sentiment. Spot Bitcoin ETFs see $1.58 billion in outflows as gold hits record highs. BTC struggles below $91,000, with traders questioning $88,000 support. Whales accumulate BTC despite muted demand for leveraged positions. Top BTC options strategies prioritize volatility over directional bets. Traders remain neutral-to-bullish despite lack of high-leverage plays. Gold prices surge as US Treasury yields hit 20-week highs, signaling economic concerns. Rising Treasury yields point to lower buyer demand and higher borrowing costs. Bitcoin’s resilience in derivatives market hinges on institutional inflows following $1.58 billion in outflows from spot ETFs.

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