ChainCatcher news: 10x Research posted on X that data shows Bitcoin implied volatility (IV) fell to a stage low of 33% on July 15. It has now ended its streak of declines and has risen slightly to 35%. Compared with the roughly 55% peak in February this year, it has already dropped significantly.

Although the recent rebound in implied volatility is limited in magnitude, it has drawn attention from options traders. The rebound could mean the market may enter a range-bound period, but whether the market is now above a bottom after the bounce—or whether it is only pausing temporarily before further downside—still needs confirmation. $BTC