Greeks.live researcher: The Bitcoin Volatility Index DVOL is facing significant downward pressure

ChainCatcher news, Greeks.live researcher Adam posted on social media this week's outlook for the cryptocurrency market, stating that Bitcoin's volatility has significantly decreased over the past week, while the largest quarterly settlement in history has released a large amount of margin. However, the implied volatility (IV) for major expirations has not shown a significant decline, and Dvol remains high. Dvol is facing considerable downward pressure, and the IV for major expiration options, led by mid to short-term options, is likely to gradually decrease. In the cryptocurrency interest rate market, Bitfinex spot whales are continuously increasing leverage, and the green leaf interest rate market is becoming active again. Friends with idle funds can start increasing their lending in green leaf recently.

In previous news, Deribit launched the Bitcoin Volatility Index DVOL, which calculates a 30-day annualized volatility measure using the implied volatility smile of options with relevant expiration dates.