TechFlow, December 10 — Matrixport released a chart today stating, "Implied volatility continues to decline, and market expectations for a significant upward breakout in Bitcoin before year-end have clearly cooled.
Against this backdrop, the upcoming Federal Reserve meeting is widely seen as the last major event window of the year. After the meeting outcome is announced, combined with the approaching holidays, and Bitcoin ETFs continuing to lack new net inflows, the market is more likely to return to range-bound trading, with relatively limited directional opportunities, and volatility is highly likely to continue declining.
Options market pricing also confirms this: investors' bets on an unexpectedly strong rally in late December are gradually narrowing."
