[Matrixport: Bitcoin Implied Volatility Compresses, Year-End Rally Probability Declines] Matrixport released a market analysis stating that Bitcoin's implied volatility continues to compress, reducing the probability of a significant year-end rally. Today's FOMC meeting is the last major catalyst, and volatility may further decline during the holiday period after the meeting concludes. In the absence of directional momentum driven by new inflows from Bitcoin ETFs, the market may return to a range-bound pattern. Implied volatility is decreasing, and the market is lowering the likelihood of an upward movement by the end of December.