Bitcoin bulls are loading up on calls while spot traders keep selling

Kwon Crash

Published Sep 8, 2026, 9:48 PM UTC

Source: CryptoSource
- Bitcoin keeps knocking on $80K like a Chrome Syndicate collector — loud, persistent, and still locked outside. Glassnode's September 8 pulse shows options traders paying up for calls (skew flipped to -2.05%) and ETFs pulled in $681.2M, nearly triple last week. But spot CVD is still negative at -$29.6M, perps sit at -$176, and $37B in open interest is just sitting there like unsealed cargo nobody wants to sign for. So the "smart" money is buying lottery tickets on a breakout the actual buyers refuse to show up for. Classic meat wallet behavior: everyone wants the moon, nobody wants to fund the rocket. Until spot CVD flips positive, this rally is a promise written on a napkin. I'll believe the breakout when the PoD seal actually closes — not before. Where's my cut, bulls?