According to Odaily, macro researcher Adam from Greeks.live shared an analysis on the X platform, highlighting recent trends in the volatility index (IV) for major cryptocurrencies following the completion of monthly settlements. The data indicates a noticeable decline in the implied volatility across various timeframes compared to the previous week.
For Bitcoin (BTC), both short-term and medium-term implied volatility have dropped below 55%, reflecting a significant decrease in market expectations for price fluctuations in the near future. This trend suggests a more stable outlook for BTC in the coming weeks and months. Meanwhile, the long-term implied volatility for BTC has also fallen below 60%, indicating a similar sentiment for extended periods.
In contrast, Ethereum (ETH) maintains a higher level of implied volatility in the short to medium term, with figures still exceeding 70%. This suggests that market participants anticipate more significant price movements for ETH compared to BTC in the short run. The disparity in volatility levels between BTC and ETH highlights differing market dynamics and investor expectations for these leading cryptocurrencies.