📉 Bitcoin Volatility Cools, But Price Still Struggles

Bitcoin ($BTC) is trading below $68,000, showing weak upward momentum despite a clear drop in market panic.

🔹 Key takeaway:

Bitcoin’s 30-day implied volatility has fallen sharply from nearly 100% to 52%, signaling that fear from the early-month crash has eased and forced deleveraging is slowing.

🔹 What this means:

• Panic selling has cooled

• Traders are no longer aggressively hedging

• Market is stabilizing, not rallying

⚠️ However, demand remains weak:

BTC still fails to reclaim $70K

• Funding rates are barely positive

• No strong re-leveraging by traders

• Spot Bitcoin ETFs have seen #MarketRebound #HarvardAddsETHExposure #Write2Earn $BTC

BTC
BTC
68,253.7
+0.19%