Bitwise reported that Bitcoin volatility and its trading range have fallen to low levels, while long-term holder net position is negative; U.S. spot ETF has recorded net inflows so far this week 1074000000 USD。
Wintermute stated in a market report that BTC if it effectively breaks below 82500 USD it could decline further, while a break above 87000 USD could confirm an upside breakout. The report lists October 28 the Federal Reserve decision, the US midterm elections, and AI corporate earnings as potential volatility catalysts.
QCP said in its latest market analysis that BTC has recently traded in a range between 80000 and 83000 USD, with strong support near 80000 USD. It believes volatility may increase after options expire, and macro risk-asset trends should be monitored.
PANews quoted Greeks.live researcher Adam as saying that approximately 18000 contracts BTC options expire today, with a notional value of 1470000000 USD, and the maximum pain point is 83000 USD. The current IV is approximately 35%, and the Put/Call Ratio is 1。
Greeks.live data shows that October 9 approximately 22000 contracts BTC and 123000 contracts ETH options will expire, with a combined notional value of approximately 2160000000 USD。BTC、ETH with maximum pain levels of 84000 USD and 2650 USD。
Greeks.live stated that, although Bitcoin has recently 2 recovered over the past months, its options implied volatility remains at a multi-year low, only higher than during this summer's exceptionally quiet period.
Greeks.live analyst Adam said that the market is in a correction phase, with block put-option trades accounting for approximately one-third of volume, while key maturities IV have fallen back to approximately 35%. He believes the options data look more like a mid-bear-market rebound, with low market expectations for subsequent volatility.
Hyperliquid has listed a perpetual contract linked to the Bitcoin Volmex Implied Volatility Index (BVIV), allowing users to directly trade expected volatility over the next 30 days.