Analysts: Implied volatility (IV) for major term options and end-of-term options for Bitcoin has not increased.

Adam, a macro researcher at Greeks.live, wrote on the X platform that although Bitcoin's price hit a new rebound high today, the implied volatility (IV) of major term options and end-of-term options did not increase; in fact, it decreased compared to when it broke through $70,000. VRP has fallen sharply in the past week, with all terms dropping by nearly 20%. This divergence generally indicates that institutions believe the rebound has come to an end and momentum is waning.