[Deribit Block Trade: User Bets on BTC Dropping in January and Rebounding to $90,000 in February]
According to Deribit data, today's largest BTC block options trade involved a user buying $90,000 put options expiring at the end of January and selling $90,000 put options expiring at the end of February, with 375 BTC on each side. Deribit officials stated that the user is betting on BTC dropping by the end of January and rebounding above $90,000 in February. Currently, the market's positive factors have largely been priced in, and some users are betting on a decline due to the risk of being removed from index components in early January as part of a strategy. However, there is also a clear optimism about the market recovering after February.