Analyst: Ethereum options implied volatility remains high
Golden Finance reported that analysts said that uncertainty surrounding the future price of Ethereum has kept the asset's options implied volatility at a level far higher than Bitcoin. In contrast, Bitcoin's implied volatility has seen a more substantial decline, suggesting that derivatives traders believe the Bitcoin market is stabilizing. According to data from The Block, Ethereum's IV has not fallen to the same extent as Bitcoin during the current market adjustment after the halving. The Bitcoin Volatility Index fell from 72% at the time of the halving event to a multi-month low of 55%. In contrast, the same indicator for Ethereum has fallen less, from 76% to the current 65%. Golden Finance Note: Implied volatility (IV) is a measure used in the options market that represents the market's forecast of possible future changes or price fluctuations in an asset or security.
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