Bullish Sentiment Summary for This Round: Michael Saylor is Fully Invested and Anticipates a Rebound, Options Market Indicates Large Amount of Funds Betting on BTC's Rise

BlockBeats News, March 17, the crypto market welcomed a strong rebound, and the summary of this round of bullish views is as follows:

Liquid Capital (formerly LD Capital) founder Yi Lihua said: "This time I am fully positioned for the rebound, neither looking for a reversal nor shorting, there will definitely be a significant rebound after overselling, and it is reasonable for BTC to rebound to $85,000 and $90,000."

Strategy founder Michael Saylor expressed his bullish view on BTC during the AI frenzy: "If AI compresses terminal value and makes all moats temporary, capital will flow to assets not at risk of disruption. Bitcoin is digital capital, scarce, neutral, and unaffected by AI disruption. In this transformation, BTC should be a major beneficiary."

Noted trader Eugene said: "I have switched to a long position. Although I didn't catch the bottom, following strong buying after breaking through the consolidation range is my preferred execution method, allowing me to better control risks. At the same time, various altcoins have also shown a very natural rounded bottom shape, which makes me believe that the probability of an upward movement in the crypto market in the short term is higher. If Bitcoin successfully breaks through $74,000, the entire crypto market may start a comprehensive rally."

Crypto analyst Murphy stated that after the options expiration day on March 20, BTC's options structure will make $75,000 a new focus, shifting from previous "suppressed volatility" to "amplified volatility," creating resistance as it approaches $80,000 and support entering the $65,000-67,000 range. The option structure shows that Call OI is significantly higher than Put, indicating that a large amount of funds in the market are betting on BTC rising towards $75,000.

Tom Lee suggests a bullish outlook for US stocks first to reach new highs: After experiencing narrow fluctuations for most of this year, the S&P 500 index will continue to rise in the coming weeks. We are in a period where software stocks, US tech giants, and cryptocurrencies have already experienced a bear market, squeezing out a lot of speculative positions. Our assessment is that the market will actually rise by the end of the month, closing higher in March, and the S&P 500 may reach 7300 points. Later this year, we believe a bear market may emerge.

Renowned trader and chart analyst Peter Brandt stated that the BTC daily chart prominently displays a "trumpet" pattern, implying a rapid uptrend in Bitcoin in the short term. The "trumpet" pattern, originating from Richard Schabacker's 1934 work "Technical Analysis and Stock Market Profits," is an H-shaped expansion pattern that often predicts a price reversal or breakout.

Analysis firm Bernstein has stated that Bitcoin is forming a more resilient ownership structure, strengthening its long-term outlook. It has shown resilience in the recent Middle East conflict, outperforming traditional assets such as gold and global stock indices. The maturation of spot Bitcoin ETFs and the demand from large corporate treasury buyers have shifted Bitcoin's investor base, reducing reliance on speculative retail capital.

Analysis firm Glassnode has indicated that a BTC breakthrough above $75,000 may enhance the upward trend: There is currently a significant amount of negative gamma positioning concentrated around a $75,000 strike in the Bitcoin options market. Market makers appear to predominantly hold structural call option shorts at this price level. As the spot price approaches this region, hedging actions may intensify, potentially amplifying upward price movements.