The BTC DVOL volatility index has dropped from 84 to 73
Deribit's Asia-Pacific Business Head, Lin Chen, posted on platform X saying: "The spot price of BTC is still climbing (new high), but the DVOL volatility index has actually dropped from 84 to 73, an interesting indicator. Simply put, the fire is still big (the price is high), but the fire isn't getting more intense (expectations have come down). The trend in market sentiment may be changing."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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