#Trump: I Love $TRUMP Recently, the Bitcoin market has shown a complex situation of intertwined bullish and bearish trends. However, after the Federal Reserve (Fed) announced a slowdown in the reduction of its balance sheet, the price of Bitcoin rebounded from below $83,000 and successfully broke through $87,000 today.
Market analysts point out that trader sentiment is gradually becoming optimistic, with an increase in demand for call options, and prices have risen accordingly. However, macroeconomic uncertainties still exist, and the future direction of the market remains unclear.
Market sentiment is becoming optimistic
Analysts at QCP Capital note that demand for call options has increased, and traders' confidence in Bitcoin has strengthened. This situation sharply contrasts with the market atmosphere earlier this week, when demand for put options was higher.
Call options give traders the right to buy an asset at a specific price within a specific time, while put options give traders the right to sell an asset at a specific price within a specific time.