🚀 Bitcoin Hits New Highs, But Traders Show Caution!

- Bitcoin (BTC) has soared past $107,000, marking a significant post-election gain of over 50%. This rally comes after President-elect Trump's announcement of a strategic bitcoin reserve plan.

- Despite the bullish price action, options market data reveals a cautious sentiment. Traders aren't chasing the rally with the same enthusiasm as before, as seen in the negative 25-delta risk reversal for options expiring soon.

- Analysts predict BTC could reach $150K-$200K next year, but current options trading suggests a more reserved outlook.

💬 What are your thoughts on BTC's future? Share in the comments!