According to @QCPgroup, BTC options flows are turning constructive with put skew compressing and notable demand for Jan 30, 2026 100K calls alongside topside exposure via straddles, as reported by QCP Group on X on Jan 5, 2026 and in their Insights post qcpgroup.com/insights/asia-colour-183. QCP Group adds that if spot continues to grind higher, the probability of a gamma-assisted extension increases, as stated by QCP Group on X on Jan 5, 2026. QCP Group also notes that recent U.S. sessions have repeatedly faded rallies, keeping positioning disciplined, as reported by QCP Group on X on Jan 5, 2026.