Analysis: As Trump has not clarified the Bitcoin strategic reserve plan, traders believe that BTC has limited room for growth in the short term

Odaily News Nick Forster, founder of the on-chain options protocol Derive, said in an analyst report on January 25 that the Trump administration’s executive order to evaluate digital asset reserves rather than focusing on Bitcoin’s strategic reserves has suppressed short-term bullish expectations for Bitcoin. “The market believes that the asset’s upside is limited in the short term, probably because there is no 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", which means that the price of Bitcoin is expected to remain the same or fall. He said: "Without practical measures such as the establishment of national reserves, the market will not buy it." (Cointelegraph)
Earlier news, US President Trump signed an executive order to establish the Presidential Digital Asset Market Working Group to strengthen the US leadership in the field of digital finance. The task force is to develop a federal regulatory framework for managing digital assets (including stablecoins) and evaluate the creation of strategic national digital asset reserves.