PANews reported on January 16 that Greeks.live macro researcher Adam pointed out in an article that Bitcoin has been fluctuating around $100,000 for nearly two months, hitting $110,000 in mid-December, and then fell below $90,000 this week. The premium of major term futures remains above 12% annualized, the market's long leverage level has been at a high level, and bullish bulls are still the mainstream of the market.
In terms of options, the difference between implied volatility in January and March has decreased. As Trump is about to take office, the market has given greater uncertainty expectations. From the skew point of view, the panic sentiment in the market during this decline is lower than the correction in mid-December, and the overall market sentiment is still bullish. Block transactions are also mainly bullish on the end of the month, and there are many transactions that exceed 100,000.
Overall, the derivatives market is still relatively optimistic about the period after Trump takes office.