Greeks.live: The bullish strength in the Bitcoin market has significantly increased, with a short-term target price pointing to $105,000

Analyst Adam from Greeks.live posted on the X platform, stating that 22,000 BTC options have expired with a Put Call Ratio of 0.95 and a maximum pain point of $96,000, representing a nominal value of $2.19 billion. In addition, 182,000 ETH options have expired with a Put Call Ratio of 0.36 and a maximum pain point of $3,250 USD; this represents a nominal value of $610 million.

The price of Bitcoin has returned above $100k USD which sweeps away the sluggish market sentiment over the weekend but altcoins are generally underperforming. As for the options market, short-term implied volatility (IV) has risen and bullish forces in the market have significantly strengthened; short-term target prices are pointing towards $105k USD.

Next week Trump will officially take office as President of United States and markets are closely watching his policies related to cryptocurrencies. On macroeconomic conditions: US stocks have recently warmed up while it is expected that Federal Reserve will maintain interest rates unchanged at its meeting at end-of-month. Analysts suggest paying attention to policy changes by new government and ETF fund flows - moderate allocation to short-term options for tactical trading could be considered.