$BTC BTC options activity is hinting at a shift in market sentiment. A trader recently bought put options that expire at the end of January with a $90,000 strike, while selling the same strike puts that expire at the end of February. Both sides of the trade involve 375 BTC.
This setup suggests the trader expects a pullback before January ends, but believes Bitcoin will be back above $90,000 by February.
Overall, bullish drivers are cooling off and upcoming index adjustments are making traders more cautious in the short term. Still, the outlook for a February rebound remains positive.
