According to TechFlow, on November 15, according to Jinshi data, since Trump won the US presidential election, the speculative frenzy surrounding Bitcoin is gradually cooling down in the spot and derivatives markets.
K33 Research said that the premium of Bitcoin futures listed on the Chicago Mercantile Exchange relative to the spot market price has declined. Data from Amberdata showed that the open interest (i.e., uncommitted contracts) of put options with a strike price of $80,000 for Bitcoin surged sharply in 24 hours. Vetle Lunde, head of research at K33, said, "The market seems to be cooling down, and the narrowing of the futures premium may be a subtle hint of a moderate risk appetite."
James Davies, CEO of Crypto Valley Exchange, an on-chain options and futures trading platform, said, “All trading is now purely speculative and expect a lot of volatility and lack of clear signals in the coming period as we await policy announcements from the U.S..”
