Analysis: Due to Trump's unclear Bitcoin strategic reserve plan, traders believe that the short-term rise of BTC is limited

Odaily Planet Daily reports that Nick Forster, the founder of on-chain options protocol Derive, stated in an analyst report on January 25th that the executive order from Trump's administration was to assess digital asset reserves rather than focusing on strategic Bitcoin reserves. This has suppressed short-term bullish expectations for Bitcoin as "the market believes there is limited room for this asset to rise in the short term, possibly due to a lack of specific BTC reserve announcements."

Forster pointed out that on January 24th, 83.3% of Bitcoin option contracts on the Derive platform were "call options sold," implying an expectation for stable or falling Bitcoin prices. He said: "If no practical measures such as establishing national reserves are taken, the market will not buy it."

Previously reported news revealed that U.S President Trump signed an executive order to establish a Presidential Digital Asset Market Working Group aimed at strengthening America's leadership position in digital finance. The task of this working group is to develop a federal regulatory framework for managing digital assets (including stablecoins) and evaluate creating strategic national digital asset reserves.