BTC DVOL Volatility Index on Deribit drops from 84 to 73
Deribit's Asia-Pacific business leader Lin Chen posted on X platform, stating: "The spot price of BTC is still rising (new high), but the DVOL volatility index has dropped from 84 to 73, which is an interesting indicator; simply put, the fire is still big (the price is high), but the fire is not getting stronger (expectations have come down). The trend of market sentiment may have changed."
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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