Quick Take
- Swissblock suggests that a big move is coming across the board due to historic lows in the VIX and BVOL.
- The VIX is an index representing the market’s expectation for volatility, which is currently priced at 14, which is at multi-year lows.
- However, the BVOL, the Bitcoin volatility index, is also at 14 multi-year lows.
- Swissblock states, “the options market sentiment is strong; Deribit metrics suggest that nearly 54% of trading activity corresponds to a demand for calls.”
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