According to a research report by Derive, a decentralized cryptocurrency options platform, on March 18th, the calm recovery in the Bitcoin market may be short-lived and could lay the foundation for a storm that triggers significant price fluctuations.
Since March 12th, BTC has remained stable within the range of $80000 to $85000, and this consolidation typically occurs after significant directional changes. Due to various factors, including President Donald Trump's tariffs and disappointment with the lack of new purchases of strategic BTC reserves in the United States, the price plummeted from $100000 to below $80000 in the past few weeks.
With the recent consolidation, key volatility indicators have declined and are approaching monthly lows. However, volatility has mean reversion, which means that low volatility mechanisms may quickly pave the way for price volatility. （CoinDesk）
