Bitcoin traded near $82,900 on Oct. 10, with traders watching whether the weekend rebound creates fresh leverage or leads to further position unwinding. US spot Bitcoin ETFs recorded nearly $730 million in outflows between Oct. 7 and Oct. 8, before a modest $21.1 million inflow on Oct. 9. Sunday’s Deribit options expiry is put-heavy with $272.4 million in open interest and a put/call ratio of 1.77. The key level to watch stands at $80,400, corresponding to one standard deviation below the current price according to Deribit’s DVOL index at 36.63% annualized. The rebound’s durability will depend on ETF flows, open interest behavior and funding payments.
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