Golden Finance reported that on January 26, Nick Forster, founder of the on-chain options protocol Derive, said in an analyst report on January 25 that the Trump administration’s executive order is to evaluate digital asset reserves rather than focus on Bitcoin’s strategy. Reserves, which dampens short-term bullish expectations for Bitcoin, with the market believing that the asset has limited room for upside in the short term, possibly because there are no 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, meaning that the Bitcoin price was expected to remain unchanged or fall. He said: Without practical measures such as establishing national reserves, the market will not buy it. (Cointelegraph)