Analysis: Bitcoin’s Return to $66,000 Signals Improvement, Crypto Options May Enter a New Steady State

Odaily reported that according to an analysis by Greeks.live, Bitcoin’s return to $66,000 is a very positive signal, reaching a high point not seen in nearly two months, but also entering the dense trading zone seen at the beginning of the year. The implied volatility for major terms has remained largely unchanged, with all IVs for tenors within the year falling below 40%. Investors have already adapted to this market environment of extremely low volatility.

This year, only during the sharpest decline in February did the implied volatility for major terms exceed 50%; for most of the time, it has remained below 45%. This may well be the new steady state for crypto options.