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Bitcoin traders refuse to yolo after BTC nearly hits 110,000 USD — Why are they waiting?

On January 20, 2025, Bitcoin peaked at 109,321 USD, yet traders are adopting a neutral stance as they anticipate a potentially crypto-friendly executive order from President Trump, contributing to cautious market sentiment.

Professional traders show a moderate risk appetite, evidenced by a futures premium rising to 14%. Although bullish sentiment persists, uncertainty surrounding fiscal debt and economic conditions catalyzes a wait-and-see approach among traders.

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