Odaily Planet Daily News Greeks.live macro analyst Adam posted on the X platform that Bitcoin has been fluctuating around $100,000 for nearly two months. It once hit $110,000 in mid-December, and then fell below $90,000 this week. The premium of major term futures remains above 12% annualized, and the market's long leverage level has been at a high level. The market is still bullish on the bull market.
In terms of options, the implied volatility difference between January and March has declined. As Trump is about to take office, the market has given greater uncertainty expectations. From the perspective of Skew, 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 break through 100,000. Overall, the derivatives market is still optimistic about the period after Trump takes office.