TechFlow news, January 12 — Adam, analyst at Greeks.Live, posted that after failing to break through the $100,000 level, Bitcoin pulled back and ETF funds continued to see outflows. Donald Trump is about to officially assume office as U.S. President, yet major speculative markets are instead exhibiting risk-averse sentiment, with U.S. equities experiencing significant declines. Next week (January 13–19), market focus will center on the release of U.S. CPI data on Wednesday. This will be the most important macroeconomic data point before Trump's inauguration, and the market is currently awaiting the fulfillment of various promises made by Trump.
In the options market, institutions have ample margin, leading them to aggressively sell whenever opportunities arise, causing short-to-medium-term implied volatility (IV) to decline notably. In terms of options trading activity, large-sized call option transactions are active, primarily used to replenish institutional short positions. On the time dimension, end-of-January options appear relatively undervalued, while March options seem relatively overvalued.
Additionally, new EU regulations require cryptocurrency exchanges to comply with travel rule guidelines and strengthen anti-money laundering measures, meaning platforms such as Deribit must enhance their KYC procedures to operate normally. In the interest rate market, Bitfinex’s funding market has remained stable recently. Traders are advised to actively enter positions at favorable rates, especially paying close attention during periods of market volatility.
