Options traders aren't exactly bullish right now. The derivatives market is signaling that Bitcoin might just camp out in its current price zone for a while. Makes sense when you consider Q4 wiped over $1 trillion from crypto's total market cap—that's the kind of bloodbath that makes people cautious. The options flow shows traders betting on range-bound action rather than any explosive moves. Classic post-correction behavior: everyone's nursing their wounds, reassessing positions, waiting to see if the floor actually holds.