PANews reported on April 22 that according to CoinDesk, despite the continued decline of US stocks, BTC and EUR/USD option data showed that bullish sentiment has increased. Deribit and Amberdata data show that BTC's short-term risk reversal indicator has turned from negative to positive, reflecting the market's rebound in demand for call options. Similarly, the EUR/USD one-month risk reversal indicator has also turned positive, indicating that investors are betting on a weaker dollar and funds are shifting to non-US assets such as the euro, Bitcoin and gold. The current US dollar index has fallen to a three-year low, and policy uncertainty and rumors that Trump intends to replace the Fed chairman are seen as triggering factors.
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