Wu Says learned from Greeks live data that BTC has returned to $66k and risen to an almost two-month high, while entering the trading range formed at the start of the year. Current changes in main-tenor option implied volatility are overall limited; the IV for contracts expiring within the year remains below 40%. Except for the brief period when the IV for main-tenor options temporarily exceeded 50% during the Iran conflict, most of this year it has been below 45%. Greeks live believes that investors have gradually adapted to a low-volatility market, and this condition may become the new normal for the crypto options market.