Deep Tide TechFlow News, January 21 — Matrixport released a chart today stating, “From the skew of options, it can be seen that market demand for Bitcoin options has significantly tilted towards bearish contracts. This structural change indicates increased short-term correction pressure, related to Trump’s proposal to impose 10%-25% tariffs on European goods, thereby boosting macroeconomic uncertainty.

Although risk aversion sentiment has warmed, Bitcoin’s price has not exhibited typical safe-haven asset characteristics; in the context of institutional investors tightening risk exposure and overall positions becoming more defensive, prices have been roughly sideways over the weekend, with a slight softening on Monday.

This current wave of movement is more about short-term risk management by investors amid escalating external uncertainties. Combining on-chain and position data, the overall pace of long-term funds remains relatively stable.”