Gold is projected to surpass $3,000 per ounce in 2025, driven by strong macroeconomic and geopolitical factors.

At the heart of gold's potential surge is the current macroeconomic landscape that’s characterized by persistent inflation and anticipated monetary policy shifts. Inflation rates in the U.S. are expected to remain above the Federal Reserve's target of 2%, creating an environment in which gold is expected to serve as a crucial hedge against currency devaluation. When inflation erodes purchasing power, investors often turn to gold to preserve their wealth.

Moreover, the Federal Reserve has signaled a shift toward monetary easing, with market expectations indicating potential interest rate cuts in the coming months. Lower interest rates decrease the opportunity cost of holding gold, making it a more attractive investment as compared to interest-bearing assets, such as bonds and savings accounts. With real interest rates projected to remain low or even go negative, gold could experience renewed demand as a safe store of value.

Geopolitical tensions further bolster gold’s appeal. Ongoing conflicts, particularly the strained U.S.-China relationship and the Russia-Ukraine war, create an atmosphere of uncertainty that drives investors toward safe-haven assets. During times of geopolitical instability, gold has historically seen increased demand as investors seek to mitigate risks associated with market volatility.

As global tensions escalate, the demand for gold is likely to rise, reinforcing its status as a reliable hedge against financial instability. Investors tend to flock to gold during crises, viewing it as a secure asset that retains its intrinsic value, especially when other markets are under pressure.

Another significant factor contributing to the bullish outlook for gold is the unprecedented demand from central banks around the world. In 2024, central banks collectively purchased over 1,000 metric tons of gold, marking one of the highest levels of accumulation in recent history. This trend is expected to continue into 2025, particularly among countries like China and Russia that are actively reducing their reliance on U.S. dollar reserves as part of a broader de-dollarization strategy.

This central bank buying provides a strong structural support for gold prices, minimizing downside risks. As these institutions accumulate more gold, the resulting scarcity in the market could lead to higher prices. The growing demand from central banks underscores the renewed confidence in gold as a strategic reserve asset, especially amidst economic volatility and geopolitical tensions.

From a technical perspective, gold is currently in a robust uptrend, trading above key moving averages and nearing critical resistance levels. If gold successfully breaks through the psychological barrier of $3,000 per ounce, momentum could carry it toward higher price targets, potentially reaching $3,200 or even $3,500. 

, such as relative strength index (RSI) and moving average convergence divergence (MACD), suggest that gold remains in a bullish phase, indicating further upside potential.

As gold approaches these key resistance points, technical traders will closely monitor its price movements. A successful breach of the $3,000 level could trigger momentum buying, propelling prices higher as investor confidence grows.

Finally, rising investor sentiment plays a crucial role in gold’s potential price surge. Increased inflows into gold-backed 

 (ETFs), in addition to speculative positioning in futures markets, reflect strong confidence among both retail and institutional investors. As ETF holdings rise, it signals renewed interest in gold as a safe-haven investment.

This optimism is bolstered by a general shift in market sentiment as investors are increasingly turning to gold amid concerns over economic stability and inflation. The combination of robust technical indicators, macroeconomic pressures and favorable investor sentiment positions gold favorably for a significant price increase in 2025.

In summary, gold is well-positioned to reach $3,000 per ounce in 2025, driven by a combination of persistent inflation, geopolitical uncertainty, strong central bank demand and positive technical indicators. As investors seek refuge in safe-haven assets, gold’s intrinsic value and historical performance during times of crisis will make it an attractive option for preserving wealth. The confluence of these factors suggests that gold's upward trajectory could continue, making 2025 a pivotal year for this precious metal.

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Bybit Commodity Insight Report: Why Gold Is Poised to Reach $3,000 in 2025

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, as well as futures, options and perpetual contracts.

Macro headwinds are impacting the crypto market, with a sell-off that began over the weekend deepening this week. BTC, ETH and most altcoins are declining alongside equities, gold and treasury yields, though derivatives markets are showing little bearish sentiment or increased volatility expectations. Among perpetuals, there are record consistent positive rates across most markets, indicating a reset in positioning. Meanwhile, ETH retains a volatility premium over BTC, but its term structure hasn’t inverted as sharply as in earlier sell-offs this month.

Please check out the report’s highlights.

Funding Rates Largely Positive Amid Sell-Off

Despite risk-off sentiment across asset classes this weekend and early this past week, USDT-denominated perpetual contracts have shown their most consistently positive funding rates within the past month. While these rates haven't reached the bullish levels of early December 2024, most have returned to a neutral level of 0.01%, signaling a reset in positioning due to recent market movements.

Tuesday's intensified risk-off sell-off led to a significant spike in BTC put trade volume as traders hedged against further declines. Unlike ETH, which leans bullish on calls, BTC's open interest is balanced between upside and downside protection. The volatility term structure is flat again, typical during sharp market moves, but this reflects a decline in longer-dated options, rather than a rise in short-term expectations.

As the sell-off in risk-on assets deepened this past week, ETH outperformed BTC. ETH derivatives markets are showing stronger sentiment, with higher call trade volumes indicating greater demand for upside positioning as compared to puts. However, ETH's volatility term structure has inverted more sharply than BTC's, as seen in previous significant market moves since last November (2024), with front-end volatility levels 15 points above those of BTC options with a similar tenor.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Feb 26, 2025): Reset in Sentiment Brewing as Fund Rates Turn Positive

Explore four essential tips to help you accumulate more points, optimize your strategy and claim the best rewards in EcoGalaxy: Mantle Surge.

With the rise of gamified crypto events, EcoGalaxy: Mantle Surge stands out as one of the most exciting opportunities for users to earn rewards while engaging with both Bybit and Mantle Network. This limited-time event offers participants a shot at a 1,000,000 MNT prize pool when they complete on-chain and trading-related tasks. 

To help you maximize your rewards and ensure you get the most out of this event, in this guide we’ll break down four essential tips to help you accumulate more points, optimize your strategy and claim the best rewards in EcoGalaxy: Mantle Surge.

EcoGalaxy: Mantle Surge is a limited-time campaign that rewards participants with a share of a 1,000,000 MNT prize pool when they complete both Bybit and on-chain tasks. Players earn "wishes" that can be used to enter Lucky Draws or climb the leaderboard for greater rewards.

This campaign, hosted by Bybit in collaboration with Mantle, blends gamification with 

 engagement, offering users multiple ways to win. Participants can choose to rely on chance via the Lucky Draw or strategically allocate their wishes to compete on the leaderboard. The event runs from Mar 6, 2025 to Mar 27, 2025, making it a limited-time opportunity to accumulate rewards while exploring the Mantle ecosystem.

4 Tips to Maximize Your Wishes and Rewards in EcoGalaxy: Mantle Surge

To make the most out of EcoGalaxy: Mantle Surge, you need to strategize your wish allocation, complete as many tasks as possible and take advantage of all available earning mechanisms. Here are four essential tips to maximize your rewards:

One of the best ways to earn high-value rewards in EcoGalaxy: Mantle Surge is by competing on the leaderboard. There are a total of five rounds, and the rewards are higher with each passing round. 

The more wishes you allocate toward leaderboard rankings, the higher your position and the larger your rewards. However, since the leaderboard is dynamic, your rank can change based on the activity of other participants.

Since leaderboard positions fluctuate, it’s recommended that you monitor your ranking regularly and adjust your strategy accordingly. Players who accumulate the most wishes by the end of each leaderboard round will receive the greatest rewards.

 that each round’s rewards and wishes are calculated independently, and any wishes spent in a round won’t carry over to the next round.

If you prefer an element of surprise, the Lucky Draw is your best bet. By spending wishes on Lucky Draw attempts, you earn the chance to win instant prizes. The Lucky Draw operates on a first-come, first-served basis, so the earlier you participate, the better your chances of securing top-tier rewards.

Since rewards are limited, it's advisable to use your wishes early before the top prizes run out.

An easy way to earn free points in this campaign is by holding Mantle (MNT) and/or Mantle Restaked ETH (cmETH) in your Bybit account. By simply keeping these assets in your wallet, you’ll receive additional wishes, increasing your chances of winning more rewards.

This passive method of earning wishes ensures that you accumulate extra points without actively completing tasks, making it one of the simplest ways to boost your rewards.

Another hidden gem for doubling your rewards in EcoGalaxy: Mantle Surge is through Layer 3. Participants who complete specific Layer 3 quests will receive extra bonuses, including double rewards on certain tasks.

By leveraging Layer 3 bonuses, you can significantly boost your total wish count, increasing your chances of securing leaderboard positions or hitting big wins in the Lucky Draw.

If you’re looking for a fun and rewarding way to engage with the Mantle ecosystem, EcoGalaxy: Mantle Surge is definitely an event worth joining. With 1,000,000 MNT up for grabs, both casual users and seasoned traders can benefit from this campaign.

The event's dual-reward system allows participants to tailor their strategy based on their preferences. Whether you enjoy the thrill of luck-based rewards or prefer the competitive edge of leaderboard climbing, this campaign offers something for everyone.

Additionally, holding MNT and cmETH provides passive earnings, while Layer 3 integration presents an opportunity for double rewards — making the experience even more lucrative for active participants.

EcoGalaxy: Mantle Surge is a limited-time, gamified rewards campaign that blends trading, staking and on-chain interactions. By completing tasks, holding Mantle assets and strategically using your wishes, you can maximize your rewards and secure your share of the 1,000,000 MNT prize pool.

This event runs from Mar 6, 2025 to 27, 2025, so now is the best time to get started. Are you ready to explore the Mantle ecosystem and claim your rewards? Join EcoGalaxy: Mantle Surge today!

Beginner

how to participate in ecogalaxy mantle surge

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Join Bybit’s AI-DOL SUPERSTAR Trading Battle, vote for top AI projects and compete for a share of a $1M prize pool. Earn rewards while shaping the future of AI in crypto.

The Bybit AI-DOL SUPERSTAR Trading Battle is an exciting and innovative trading and voting event that aims to identify and support high-potential AI projects within the cryptocurrency space.

As artificial intelligence (AI) continues to revolutionize blockchain technology, this competition offers users a unique opportunity to engage with emerging AI-driven crypto projects while earning substantial rewards of up to $1 million.

 (AI) and cryptocurrency is reshaping blockchain and 

 — autonomous programs powered by machine learning — are revolutionizing the sector by automating trading strategies, optimizing portfolio management and executing on-chain decisions with minimal human input.

These intelligent agents analyze vast datasets, identify market trends and execute trades in real time, significantly enhancing efficiency and reducing risks in the volatile crypto market. Their role extends beyond trading, influencing DeFi protocols, NFT markets and blockchain governance.

Bybit is at the forefront of this AI-driven transformation, launching the 

 to spotlight high-potential AI projects. This event provides a launchpad for groundbreaking AI applications, connecting innovators with a global crypto audience.

What Is the Bybit AI-DOL SUPERSTAR Trading Battle?

Bybit is launching a unique AI trading event designed to highlight the most promising AI-driven crypto projects.

AI is revolutionizing crypto markets, with automated trading bots now executing over 60% of all crypto transactions. The integration of AI and blockchain is unlocking new trading strategies, DeFi innovations and web3 applications, making the AI sector one of the most promising in crypto.

Bybit’s AI-DOL SUPERSTAR Trading Battle bridges AI and blockchain, providing a global stage for emerging projects to gain exposure to a global audience. Participants play an active role in shaping the future of AI in crypto while earning rewards.

How to Participate in the AI-DOL SUPERSTAR Trading Battle

Campaign Period: Feb 28, 2025, 10AM UTC – Mar 27, 2025, 10AM UTC

Bybit users can support AI projects and earn rewards by participating in this AI-powered trading competition. Here's a step-by-step guide to joining:

Projects earn voting points from the following ways:

By actively trading and voting, participants not only have a chance to earn from the $1 million prize pool, but will also play a crucial role in shaping the future of AI in the crypto industry.

Bybit's AI-DOL SUPERSTAR Trading Battle offers an exciting $1 million prize pool, with multiple ways for participants to win rewards.

*Note that to win the prizes, there is a minimum number of voting points required. For example, to win the largest prize of $50,000, 600,000 voting points are required. Refer to the event page for more details. 

The breakdown of how votes are allocated for Bybit Spot is as follows:

The breakdown of how votes are allocated for Bybit Web3 is as follows:

The maximum number of daily votes that a user can receive is 100,400 (50,200 for Bybit Spot and Web3 respectively).

By trading, voting and engaging in the competition, participants not only support innovative AI projects but also receive a chance to maximize their earnings in this high-stakes trading battle.

Bybit's AI-DOL SUPERSTAR Trading Battle offers a distinctive platform that connects cryptocurrency traders with AI innovators. Participants are invited to support leading AI projects, earn attractive rewards and contribute to shaping the future of AI within the crypto ecosystem. 

 and be part of the AI-driven revolution on Bybit!

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How to Participate in Bybit’s AI-DOL SUPERSTAR Trading Battle

Bybit Learn

Options

Strangle options are an investment strategy consisting of two separate option contracts with different strike prices, but the same expiration date.

Unsure about being bullish or bearish with your latest crypto 

 trade? Fortunately, being a crypto options trader grants you the choice of earning profits without being forced to take a side. One example of such an options strategy that takes advantage of volatility is the strangle. By taking positions on both 

, crypto options traders can benefit from any large movements in the underlying asset. 

Keen to learn how to personally plan and execute such trades? From long strangle options strategies that allow you to benefit from movements on both ends of the market to short strangle options strategies that make use of upcoming volatility, here's all you need to know about trading and setting up strangles in the crypto options market.

Strangle options are an investment strategy consisting of two separate options contracts with different strike prices but the same expiration date. This strategy allows traders to benefit from moderately volatile markets by simultaneously trading call and put options at different strike prices.

While this type of investment approach can yield substantial profits, it also carries higher risks than many other trading strategies, due to the need for accurate market timing and understanding the current sentiment.

 (IV) is a key factor to consider when executing a strangle options strategy, as it demonstrates the amount of uncertainty or risk in the market. Implied volatility measures the expected market price movements in an options contract, and is derived from option prices themselves. It shows how much traders think an asset will move over the life of the option, which helps them to decide whether buying or selling options contracts is the right move for them when executing a strangle options strategy. In short, traders expecting more price movement in the near term should execute a long strangle strategy while traders expecting less volatility in price should write a short strangle strategy.

Whether you’re buying calls and puts in anticipation of significant volatility or taking advantage of the implied volatility present by writing calls and puts, the following are the differences between long and short strangle options strategies.

A long strangle options strategy involves simultaneously buying call and put options with different strike prices. This strategy is predicated on the assumption that the underlying security will move significantly in either direction, resulting in a profit from one of the two positions. 

Overall, this type of investment approach carries higher risk than other strategies, since it requires precise timing to properly execute, and the belief that the high IV of the options contracts will result in a large price movement for the underlying crypto asset.

Short strangles are essentially the inverse of long strangles: crypto options traders write, or sell, call and put contracts at different strike prices. This creates a situation where you’ll receive options premiums credited to your account, based on the strike prices at which you’re writing the options contracts. In order to profit from the short strangle crypto options strategy, the options premiums you’re receiving need to be greater than the overall movement of the underlying crypto asset. In other words, by applying this strategy, you’re expecting volatility to fizzle out and the price of the underlying crypto asset to be flat over time.

Strangle options involve trading put and call options contracts at the same time. The idea for long strangles is to profit from the volatility of the underlying crypto asset by playing both sides of the market. In the case of the short strangle, traders seek to earn options premiums by writing contracts, and to profit due to a lack of price volatility.

To do this, strangle options traders need to identify two different strike prices: one higher than the current market price and one lower than the current market price. This range will then determine the strike prices at which traders will execute the strategy.

Once these strike prices have been identified, you can then buy or write both call and put options at these respective strike prices. This essentially gives you a range within which you expect the underlying asset's price to stay. If the price hovers within that range, short strangle strategy executors will rejoice — as they've managed to rake in a profit. Conversely, long strangle strategy traders will hope for the price to exceed this predetermined range in order to turn a profit.

Benefits of Using Strangle Options Strategies

Because long strangle traders are buying both call and put contracts, they’ll make money as long as the price of the underlying asset moves considerably in either direction. This reduces the 

 that the trade will go wrong, since traders will still be able to make a profit if there’s sufficiently large movement, which reduces risk exposure in comparison to separately and exclusively buying only call or put contracts.

Affordable for Traders With Limited Access to Capital

Long strangle options are significantly more affordable than other options strategies, and are designed for options traders with limited access to capital. This is due to the strangle strategy's preference for out-of-the-money options, 

 at-the-money options that possess higher intrinsic value.

Increased Liquidity From Credited Option Premiums

If you're an active crypto trader, you'll definitely appreciate the added liquidity that comes from writing crypto options contracts. By writing call and put contracts, you'll now have access to these funds, which can then be used to generate additional yield. Whether you're utilizing them to trade on additional leverage, or putting them to work by generating passive yield in a staking pool, traders writing short strangle options can definitely get more bang for their buck thanks to this strategy.

Risks of Using Strangle Options Strategies

Since you’re writing call and put crypto options contracts when executing a short strangle, theoretically your potential losses could be considered unlimited, especially on the written call option side of things. If the price exceeds the strike price of the written call, a trader will be forced to buy the underlying asset. They must then sell it at the strike price to the trader who had bought that written call. 

For example, let's say you were to write a short strangle for BTC, with the written call having a strike price of $33,000. If the price of BTC blows past $33,000 and soars to $40,000 at the time of expiry, then traders who wrote this call option will have to fork out an additional $7,000. This is because not owning the underlying BTC would force you to purchase said BTC at $40,000 and sell it to the BTC call buyer at $33,000.

As for the risks concerning the written put, crypto options traders must simply have enough to purchase the underlying crypto at the indicated strike price. This is because if the price falls below the strike price of the written put, you would own the underlying asset at the strike price at which the put was sold. 

Referring back to our aforementioned BTC short strange example, let's go with BTC falling to $25,000 at the time of expiry and you writing a put contract with a strike price of $30,000. This would force you to purchase 1 BTC at $30,000. In this sense, your losses can be considered unlimited as your cost price is now $30,000, regardless of what happens to the price of Bitcoin thereafter the option expires.

By these definitions and examples listed above, losses can be considered limitless as BTC can soar above or plunge below the strike prices of the contracts you've written. This risk of unlimited losses is often why crypto options traders tend to further 

 by purchasing out-of-the-money call and put options, transforming the strategy into an 

Contrary to popular belief, more than half of out-of-the-money options 

. This makes it all the more difficult for inexperienced long strangle options traders to profit, given how such options are the basis for the strategy. 

While the odds for success do increase, the more familiar the options trader is with timing the strategy and gauging existing implied volatility, it's certainly still a risk, considering the complexity of the strategy and how beginners may get left behind.

Strangle Options Strategy vs. Straddle Options Strategy

If you’re new to crypto options trading, you might confuse the strangle strategy with the straddle strategy. These two options strategies are similar in that each one involves writing two contracts, one at a put strike price and one at a call strike price. 

However, the key difference between the two is that with the strangle strategy, you’ll choose two prices that are at a range and further apart than what you would choose for a straddle strategy, which involves trading calls and puts at the same strike price. This means that while the strangle strategy gives you more potential reward, due to the larger distance between the contracts, it also has a greater risk because of the greater exposure to higher volatility in either direction. 

Ultimately, when deciding which approach is best for your own trading objectives, consider how much risk you're willing to take on, and how much reward you expect in exchange for that risk.

How to Set Up the Strangle Options Strategy

Thanks to volatility, the strangle options strategy is one of the most popular methods for traders looking to make a profit with options. 

 contracts and run a long strangle strategy, because we're expecting there to be a greater upcoming price movement than what's accounted for with the current implied volatility stated in the calls and puts contracts. 

With BTC prices at $30,000, we can run a long strangle by purchasing both a call contract and a put contract that are expiring in a month. Specifically, we can consider the 33000C and 27000p contracts expiring on Aug 25, 2023, with strike prices that are out-of-the-money by about 10% from the reference price of BTC. By executing this long strategy, you’ll be paying a total of 0.0194BTC, which is the equivalent of $582 worth of premiums.

Is the Strangle Options Strategy Worth Trying?

The strangle options strategy is a useful tool for both beginning and experienced traders. For beginners, the strangle options strategy helps reduce directional risk, since traders will have exposure to both sides, regardless of whether the price of the underlying asset goes up or down. Novice traders can also make excessive profits if the underlying asset moves far enough in either direction. 

Experienced traders, on the other hand, can use this strategy to capitalize on larger price movements in order to gain bigger profits because of the baked-in implied volatility. However, it’s important to remember that taking on higher levels of risk means greater potential losses as well as rewards, so traders must carefully consider their risk appetite before deciding which options strategies are suitable for them.

In order for crypto options traders to successfully profit from strangle options, it's essential to understand the basics of implied volatility and how that acts like a coiled spring, possibly causing a large movement in prices. From using long strangles to play the ramp-up in volatility, to writing short strangles to profit off expected price movements, we hope our guide has been helpful for you in understanding the basics of trading strangle options strategies.

Strangle Options: How to Profit During Sharp Price Swings

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards