On September 3rd, according to Decrypt, despite macroeconomic uncertainty and adverse seasonal factors, derivatives traders are projecting a slightly positive outlook for Bitcoin in September, with experts noting a decrease in downside volatility. Coingecko data shows that Bitcoin has rebounded 3% over the past two days, currently trading around $110,000. This surge is driven by increased passive buying, rather than aggressive buying. Meanwhile, as traders begin adjusting their positions based on this week's jobs data, open interest in perpetual contracts has surged 2.35% over the past two days, reaching $30 billion. Dragged down by historically bearish seasonal factors in September, US investors are reassessing their positions ahead of the end of the fiscal year on September 30th. Sean Dawson, head of research at on-chain options platform Dervie, revealed that options traders are betting on bullish calls for contracts expiring on September 26th, as evidenced by increases in open interest in strike prices of $120,000, $130,000, and $140,000. [PANews]