Wu Shuo learned from Greeks live data that BTC has returned to $66k and has risen to an almost two-month high, while also entering the trading range formed earlier this year. Currently, the overall change in implied volatility for major tenors has been limited; the IV for contracts expiring within the year remains below 40%. Aside from the period during the Iran conflict, when major-tenor IV briefly exceeded 50%, most of this year has been below 45%. Greeks live believes investors have gradually adapted to a low-volatility market, and this condition may become the new normal for the crypto options market.
WuSaidBlockchainW