BlockBeats News, January 16th, Analyst Adam from Greeks.live stated on social media that Bitcoin has been oscillating around $100,000 for nearly two months. In mid-December, it briefly surged to $110,000, but then dropped below $90,000 earlier this week. The basis of the main-term futures contracts still maintains an annualized basis of over 12%. The market's long leverage has consistently remained at a high level, with the bullish sentiment still prevailing in the market.
On the options side, the implied volatility spread between January and March has decreased slightly. With Trump nearing the inauguration, the market is anticipating greater uncertainty. According to Skew, the market's fear during this decline is lower than the pullback in mid-December, and overall market sentiment still leans towards bullishness. Large trades also mainly reflect a bullish end-of-month trend, with many trades above $100,000. Generally, the derivatives market remains optimistic about the period after Trump's inauguration.