Derive founder Nick Forster stated in an analyst report on January 25 that the executive order from the Trump administration focuses on evaluating digital asset reserves rather than a strategic reserve for Bitcoin, which has suppressed short-term bullish expectations for Bitcoin. "The market believes that the upside potential for this asset in the short term is limited, possibly due to the lack of a specific BTC reserve announcement," he said.
Forster noted that on January 24, 83.3% of Bitcoin options contracts on the Derive platform were "call options sold," indicating expectations that Bitcoin prices will remain stable or decline. He said, "Without concrete measures such as establishing national reserves, the market will not buy it." (Cointelegraph)
Previously, it was reported that President Trump signed an executive order to establish a Presidential Task Force on Digital Asset Markets to strengthen the United States' leadership in the digital finance sector. The task force's mission is to develop a federal regulatory framework for managing digital assets (including stablecoins) and to evaluate the creation of strategic national digital asset reserves.

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Odaily Planet Daily reports that Nick Forster, the founder of the on-chain options protocol Derive, stated in an analyst report on January 25 that the executive order from the Trump administration is focused on assessing digital asset reserves rather than concentrating on a strategic reserve of Bitcoin. This has suppressed short-term bullish expectations for Bitcoin, with the market believing that the upside potential for the asset is limited in the short term, possibly due to the lack of specific BTC reserve announcements.

Forster pointed out that on January 24, 83.3% of the Bitcoin options contracts on the Derive platform were "call options sold," indicating expectations that Bitcoin prices will remain stable or decline. He said, "Without practical measures such as establishing a national reserve, the market will not buy into it." (Cointelegraph)

Previously, it was reported that President Trump signed an executive order to establish a Presidential Working Group on Digital Assets to strengthen the United States' leadership in the digital finance sector. The task of this working group is to formulate a federal regulatory framework for managing digital assets (including stablecoins) and to assess the creation of a strategic national digital asset reserve.

Analysis: Due to Trump's lack of a clear Bitcoin strategic reserve plan, traders believe that the short-term upside potential for BTC is limited.