According to Odaily Planet Daily, Greeks.live macro researcher Adam published an English community briefing, noting that the community is experiencing a significant shift in volatility trading dynamics, with a general consensus that BTC volatility is structurally dead due to institutional hedging and a lack of catalysts before the end of the year. Traders are turning their attention to ETH options and implementing short put strategies, while acknowledging that despite low volatility, spot prices could still rise significantly, with BTC potentially reaching "millions of dollars."