Key Takeaways:
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- BTC reaches new ATH above $107,000
- 50% gain since U.S. election
- Negative 25-delta risk reversal
- Put options trading at premium
- Trump promises Bitcoin strategic reserve
What Happened?
While Bitcoin continues setting new records, options market indicators suggest professional traders are becoming more cautious. The 25-delta risk reversal has turned negative, and recent block trades show bearish positioning, marking a significant shift from the aggressive bullish sentiment of recent weeks.
Why It Matters?
The development signals:
- Changing market sentiment
- Professional trader positioning
- Potential market correction risks
- Fed policy impact concerns
- Institutional risk management
What’s Next?
Watch for:
- Fed meeting outcome Wednesday
- Short-term price volatility
- Options market positioning
- Strategic reserve developments
- Year-end trading patterns