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 reported that Nick Forster, the founder of the on-chain options protocol Derive, said in an analyst report on January 25 that the executive order of the Trump administration is to assess digital asset reserves, rather than focus on a strategic reserve of , which has dampened the short-term bullish expectations for . "The market believes that the upside potential of this asset in the short term is limited, possibly because there is no specific reserve announcement." Forster pointed out that on January 24, 78.3% of the options contracts on the Derive platform were "put options sold", meaning that the expectation is that the price will remain unchanged or fall. He said: "If there are no concrete measures such as establishing a national reserve, the market will not buy it." Previously, US President Trump signed an executive order to establish a Presidential Digital Assets Working Group to strengthen the US's leadership in the digital finance field. The task of the working group is to develop a federal regulatory framework for managing digital assets (including stablecoins) and to assess the creation of strategic national digital asset reserves.