The BTC volatility index has fallen below 50, and the market expects to enter a period of volatility
Odaily Planet Daily News: Lin Chen, the head of Deribit's Asia Pacific business, stated that the BTC volatility index DVOL has fallen below 50 and is currently at 47. In the past year, DVOL has been higher than this value 96% of the time, with a historical high of 92 and a low of 41. Lin Chen pointed out that the significant drop in volatility means that the market expects BTC to not experience a sharp rise or fall in the short term, and may enter a period of sideways consolidation.