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Bitcoin's 30-day implied volatility falls to around 42%, hitting a three-month low
According to a Bitfinex report, Bitcoin's 30-day implied volatility (IV) has dropped to approximately 42%, marking a three-month low. This represents a significant decline from the high of around 56% seen between January and February 2026. Additionally, the market has experienced negative funding rates for 26 consecutive days. Combined with declining option prices, this has created a clear structural asymmetry. If Bitcoin's spot price effectively breaks above the $80,100 level—the short-term holder realized price—the cost of holding short positions will rise significantly. However, the current options market has not fully priced in this scenario, suggesting that call options may be systematically undervalued.
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