Bitcoin's recent rally has breathed new life into the derivatives market after a stagnant July. As Bitcoin's price surged from $56,680 to $65,025 within a span of days, the futures market saw open interest spike from $26.97 billion to $33.25 billion. Similarly, the options market mirrored this spike, revealing traders' excitement. But the most compelling insight lies in the distribution of calls and puts, where over 65% were calls, indicating a crucial shift in market sentiment. So, what does this overwhelming preference for calls suggest about...