Bitcoin options trading on the Chicago Mercantile Exchange (CME) has shown strong bullish sentiment, reaching the highest levels since Donald Trump's election victory in November. Traders are actively buying calls, driving the skew higher, indicating a positive outlook. Despite President Trump not mentioning cryptocurrency in his inaugural speech, bitcoin's price rose 5% as buyers defended the $100,000 support level. The uptick in price was accompanied by increased inflows to U.S.-listed spot ETFs, with institutions showing robust backing for digital assets. Long-term holders are scaling back profit-taking, and volatility levels may moderate towards the end of the month.



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