ChainCatcher news, QCP Capital posted on the official TG channel stating that the crypto market is still experiencing rollercoaster-like volatility. With news that the U.S. will delay tariffs on Mexico and Canada by a month, suggesting possible trade mediation, BTC briefly rebounded to $100,000. However, as China retaliated with new tariffs, the BTC price fell back to $98,000, and this relief was short-lived.Additionally, China has launched an antitrust investigation against Google, indicating that China is prepared to escalate tensions by targeting major U.S. tech companies. Any resulting sanctions or restrictions could pressure earnings and pose significant risks to risk assets.As BTC climbed to $100,000 last night, the market also reacted to Trump's directive for officials to create an executive order for a U.S. sovereign wealth fund. While some see this as a potential new source of demand for Bitcoin, the details remain unclear—especially regarding how it will be funded. Currently, trade uncertainty continues to loom over the outlook, and as of March, the options market is maintaining a balance between put options and call options.

ChainCatcher news, DWF Labs announced the launch of its options business DWF Options, to help traders gain flexible trading strategies and risk management solutions.

ChainCatcher news, Greeks.live analyst Adam posted on social media, "80,000 BTC options are set to expire today, with a Put Call Ratio of 0.68 and a maximum pain point of $98,000, representing a notional value of $8.38 billion. 603,000 ETH options are set to expire today, with a Put Call Ratio of 0.43 and a maximum pain point of $3,300, representing a notional value of $1.96 billion.The market has been relatively quiet this week, mainly digesting the impact of the Trump trade over the past three months, with monthly delivery volume accounting for nearly 30% of total positions, and the proportion of quarterly options expiring at the end of March reaching 50% after delivery.Trump's administration has not brought the expected influx of funds to the crypto industry; instead, the issuance of memes and slow policy releases have led to a weak crypto market. However, in the long run, there are still many positive factors to look forward to.The Federal Reserve's interest rate meeting maintained the current rates, and expectations for subsequent macro events are also relatively stable. This week, we will focus on changes in U.S. government policies and the inflow of ETFs."

ChainCatcher message, Deribit data shows that approximately $8.1 billion in BTC options and $1.8 billion in ETH options will expire on Friday (January 31); among them, the maximum pain price for BTC is $98,000, and the maximum pain price for ETH is $3,300.

ChainCatcher news, Greeks.live analyst Adam pointed out that after Bitcoin's price fell below $98,000, market sentiment turned bearish, with traders expecting the price to further dip to the $94,000-$96,000 range. Put options with strike prices between $96,000 and $98,000 have seen noticeably active trading, indicating that traders are actively building defensive positions.Analysis shows that several traders have closed or rolled over their bullish spread strategies above $104,000. The market generally believes that this round of decline is influenced by the sell-off in Nvidia and the US tech sector. The consensus in the Greeks.live community is that it is necessary to wait for a clear rebound signal around the $98,000 mark before it is suitable to re-establish long positions.

ChainCatcher news, Greeks.live analyst Adam released the market outlook for this week (January 27 to February 2). The upcoming Lunar New Year will lead to a temporary decrease in market influence from Chinese-speaking users. Despite frequent economic policy announcements from Trump during his first week in office, the probability of the Federal Reserve maintaining interest rates unchanged this week remains as high as 98%. The market is focused on the Federal Reserve and European Central Bank's interest rate decisions on Thursday, with the Bank of Japan's rate hike already implemented and expectations for continued rate cuts in the Eurozone.In the cryptocurrency market, Bitcoin is currently fluctuating above $100,000, and the cooling of the TRUMP meme market has led to a dispersion of market enthusiasm. The options market shows a significant decrease in uncertainty, with the at-the-money implied volatility (IV) dropping below 55% for the week, and the full-term at-the-money IV falling below 60%. Recently, there has been a large volume of institutional bullish options trades, but after the rate hike was confirmed, institutions began to significantly increase their short positions. The Bitfinex interest rate market is performing steadily, and it is recommended to actively monitor suitable interest rate orders during market fluctuations.In terms of regulation, new EU regulations require cryptocurrency exchanges to comply with travel rule guidelines and strengthen anti-money laundering measures. Exchanges like Deribit must improve their KYC processes to operate normally. Important events this week include: Wednesday's Bank of Canada interest rate decision (22:45), Thursday's Federal Reserve interest rate decision (05:30) and European Central Bank deposit facility rate (21:15), as well as Friday's U.S. December core PCE price index (21:30).

ChainCatcher news, Cboe BZX proposed to amend Rule 19.3, planning to expand the range of eligible assets, allowing the listing and trading of options based on the Fidelity Ethereum Fund.According to the proposal, Cboe BZX set a limit of 25,000 contracts for the position and exercise limits for the fund options.

ChainCatcher news, Greeks.live macro researcher Adam posted on social media that after the announcement of Trump's cryptocurrency task force, there were divergent opinions in the group but a cautious bullish outlook, with $105,000 becoming a key support level. Traders are closely monitoring the $103,000-$108,000 range, holding a skeptical view on upward momentum, as the price movement, although volatile, remains within the range.Major trading activity is concentrated in recent options, with significant volume in the January 25 $110,000 call options but ultimately going to zero;Most traders are taking defensive positions, planning to buy call spreads and sell put options at the $102,000-$105,000 price level next week;Concerns are raised about upcoming volatility catalysts, including next week's FOMC meeting and the Lunar New Year (January 29), leading traders to adopt a cautious approach and partially reduce exposure.

ChainCatcher news, according to CoinDesk, $7.8 billion worth of Bitcoin options will expire on January 31 at 08:00 UTC, with about 50% being put options. The current Bitcoin price is above the maximum pain point of $98,000, which may guide the market price to converge towards that point before expiration. Deribit data shows that the total nominal value of Bitcoin options open interest is approximately $28 billion, with this expiration accounting for about 22.6%.Deribit CEO Luuk Strijers stated that the SAB 121 policy adjustment allows banks to custody Bitcoin, which may release new institutional capital inflows. Additionally, market speculation regarding Bitcoin strategic reserves has also increased uncertainty. Currently, the Bitcoin volatility index (DVOL) is around 60, remaining stable compared to year-end levels, but market volatility is still high.

ChainCatcher news, according to CoinDesk, after Trump did not mention cryptocurrency or Bitcoin in his inauguration speech on Monday, options listed on Deribit show a continued bullish outlook for Bitcoin relative to Ethereum. The ETH/BTC exchange rate is expected to continue its downward trend. This exchange rate fell to 0.03 earlier this week, marking a three-year low.

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X that the largest BTC block options today are: a certain user earned $3.165 million by purchasing $105,000 call options for the end of January while selling $115,000 call options for the end of March, with a total of 925 BTC on one side.

ChainCatcher news, according to CoinDesk, Bitcoin has reached a historic high of over $109,000, with both implied volatility and actual volatility hitting their highest levels since August 2024."The positive correlation between Bitcoin prices and implied volatility remains. This indicates that traders are chasing options, especially call options, as the risk reversal shows that call options are trading at a premium relative to put options that provide downside protection," said CoinDesk market analyst Omkar Godbole."Trump's effective use of social media has historically influenced the market, increasing uncertainty in the coming days," said GCR trader Mitch Galer. "Speculation about strategic cryptocurrency reserves and potential regulatory easing has led the crypto market to maintain an optimistic outlook for further gains this year."

ChainCatcher news, Greeks.live analyst Adam posted on platform X that 22,000 BTC options are expiring, with a Put Call Ratio of 0.95, a maximum pain point of $96,000, and a notional value of $2.19 billion. 182,000 ETH options are expiring, with a Put Call Ratio of 0.36, a maximum pain point of $3,250, and a notional value of $610 million.Bitcoin's price has returned above $100,000, clearing the weekend's sluggish market sentiment, but altcoins are generally underperforming. In the options market, short-term implied volatility (IV) has increased, and bullish sentiment is clearly strengthening, with short-term price targets pointing to $105,000.Next week, Trump will officially take office as President of the United States, and the market is closely watching his cryptocurrency-related policies. In terms of the macro environment, U.S. stocks have recently warmed up, and the Federal Reserve is expected to maintain interest rates at the end of the month. Analysts suggest paying attention to changes in new government policies and ETF capital flows, and consider moderately allocating short-term options for tactical trading.

ChainCatcher news, according to Deribit data, approximately $2.73 billion in nominal value of cryptocurrency options will expire on January 17 at 08:00 UTC.Among them, the nominal value of Bitcoin options reaches $2.09 billion, with a put/call ratio of 0.95 and the maximum pain price at $96,000; the nominal value of Ethereum options is $639 million, with a put/call ratio of 0.31 and the maximum pain price at $3,200.

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X that the largest ETH block options trade today was: a certain user paid a premium of $456,000 to buy a put option at $3,400 for the end of February, while simultaneously selling a call option at $3,800 for the same period, totaling 4,000 ETH on one side.

ChainCatcher news, according to The Block, as President-elect Donald Trump prepares for his second inauguration on January 20, the Bitcoin derivatives market indicates that expectations for volatility are set to increase.Data from the Derive.xyz derivatives exchange shows signs of bearish expectations in the medium term, with Bitcoin put options rising to 40% of all open contracts on Derive, a significant increase over the past week.Bitcoin's implied volatility is also climbing, highlighting market uncertainty. Over the past week, Bitcoin's 7-day at-the-money implied volatility rose by 3% to 56.5%, while the 30-day implied volatility increased by 1.5%, currently at 57.5%.

ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, posted on X that the largest BTC block options today are: a certain user paid a premium of $1.858 million to buy a $80,000 put option expiring at the end of the year, while selling a $180,000 call option expiring at the end of the year, with a total of 1,250 BTC on one side.

ChainCatcher news, according to Cointelegraph, since breaking through $90,000 for the first time on November 19, 2024, Bitcoin's price has consolidated in the range of $91,000 to $108,268. Multiple analysts believe that the current price consolidation is nearing its end.Analyst Rekt Capital pointed out that the current 4-week adjustment, with a decline of 15%, is close to its conclusion, significantly lower than the historical 30-35% retracement levels. Technically, the Bollinger Bands indicator shows that volatility is at an oversold level. Additionally, the market widely expects that after Trump takes office on January 20, he will issue an executive order favorable to cryptocurrencies, with bullish options trading on the Deribit options platform reaching as high as $12,000.Analyst Trader Tardigrade anticipates that the market may experience a strong rebound after completing the final round of corrections.

ChainCatcher news, according to CoinDesk, BlackRock's Bitcoin spot ETF (IBIT) options have rapidly grown since their launch on November 19, 2024, with open interest reaching 2.16 million contracts and a notional value of $11 billion, accounting for about 50% of the Deribit Bitcoin options market ($23 billion).Deribit CEO Luuk Strijers stated in an interview that IBIT options primarily serve U.S. retail investors who previously could not access Deribit, and they have not only not impacted his business negatively but have also positively influenced institutional participants by creating new arbitrage opportunities and risk hedging strategies. He added that IBIT options trading is mainly concentrated on short-term contracts, reflecting the market's demand for low-premium options.The crypto derivatives protocol Volmex Finance analyzed that due to the compliance advantages of BlackRock's Bitcoin ETF as an underlying asset, IBIT options are attracting U.S. institutional investors and retail investors who prefer regulated markets.

ChainCatcher news, QCP Capital's latest analysis indicates that the global market is digesting the impact of the adjustment in the Federal Reserve's interest rate cut expectations. The 10-year U.S. Treasury yield surged to its highest level since the end of 2023 at 4.8%, with the market not expecting any rate cuts until at least October. Stock index futures opened down 1.5%, causing Bitcoin to briefly drop below $90,000, before rebounding to above $95,000.QCP Capital expects that the upcoming PPI and CPI data may present upward risks. The market is adapting to the reality of a prolonged high-interest-rate environment, with some investors even considering the possibility of rate hikes. The Bitcoin options market shows cautious sentiment, with investors rolling over put options below the $90,000 support level, while near-month volatility and butterfly spreads remain elevated, and the VIX index stays at 18.68, suggesting that market volatility may persist into January.The report also notes that Trump may sign an executive order on his first day in office to address the issue of "de-banking" and repeal the controversial cryptocurrency accounting policy, which could bring positive catalysts to the market.