Following the recent meeting of the U.S. Federal Reserve, Jerome Powell’s comments on temporary inflation have led Bitcoin investors to increase their expectations.
After Powell’s statement that inflation is temporary, the demand for Bitcoin (BTC) call options rose, with investors increasing their positions in anticipation of Bitcoin gaining value.
According to Amberdata, Bitcoin's risk reversals indicate a rise in demand for call options, reflecting short-term bullish expectations from investors. Meanwhile, a more cautious approach is observed in the options market for Ethereum (ETH).
Despite Ethereum's upcoming upgrade, the options market shows high demand for put options, indicating that investors are adopting a more cautious stance.
Ethereum is expected to make significant progress with its new test network launching at the end of March. However, the cautious sentiment in the options market suggests that investors are staying alert to potential risks.
