Analysis: Due to Trump's lack of a clear Bitcoin strategic reserve plan, traders believe that the short-term upside potential for BTC is limited
ChainCatcher news, Derive founder Nick Forster stated in an analyst report on January 25 that the Trump administration's executive order is focused on assessing digital asset reserves rather than concentrating on a strategic reserve of Bitcoin, which has suppressed short-term bullish expectations for Bitcoin. "The market believes that the upside potential for this asset is limited in the short term, possibly due to the lack of a specific BTC reserve announcement."
Forster pointed out that on January 24, 83.3% of the Bitcoin options contracts on the Derive platform were "call options sold," indicating expectations that Bitcoin prices will remain stable or decline. He said, "Without practical measures like establishing a national reserve, the market will not buy it."