On January 13, according to CoinDesk, Bitcoin surged past $92,000 on Tuesday, with daily trading volume increasing by 25% to $37 billion. Its next major resistance level is $94,500; DASH rose 63%, leading to the liquidation of $1.3 million in short positions; over the past 24 hours, the total network leverage futures position liquidations reached $180 million, affecting both long and short positions. Currently, the 30-day implied volatility index for BTC and ETH is under pressure, with futures open interest (OI) remaining roughly flat. The basis and futures premium of Bitcoin and Ethereum futures listed on CME have stabilized slightly below 5%. On Deribit, the trading prices of BTC and ETH put options continue to be higher than call options, but there appears to be demand for BTC call options with strike prices of $98,000 and $100,000, as well as ETH call options.