Odaily Planet Daily reported that Bitfinex Alpha's latest report pointed out that the weakening CPI data and the easing of the trade situation helped BTC maintain the $113,600 range. The current optimism in the crypto market has gradually recovered. Since the record $19 billion liquidation on October 10, market volatility has also cooled significantly. The total amount of BTC options open interest has shrunk by about $7 billion to $31 billion, the largest single-week drop since June. The realized volatility continued to decline, with a 30-day volatility of 44.1% and a 10-day volatility of 27.9%, indicating that traders expect the market to continue to consolidate and it may be difficult to achieve a major breakthrough.