According to @glassnode, Bitcoin (BTC) is consolidating within the $62k to $72k range and is poised to close its fifth consecutive month in the red. BTC options data highlights key trends in market positioning, volatility expectations, and trader sentiment, offering deeper insights into current market conditions.

According to @glassnode, the market is up nearly 10% year to date and is consolidating after a breakout above the 95K level, source: @glassnode on X, Jan 16, 2026. Options data is signaling key information about positioning, volatility, and market sentiment that traders are watching during this consolidation, source: @glassnode on X, Jan 16, 2026.