Gate Research: BTC volatility scales to annual highs amid defensive strategies
According to the Gate Research report from February 5, the implied volatility (IV) of Bitcoin has reached the 81.7% annual percentile, standing at 50% for BTC and 70% for ETH. This spike reflects a drastic increase in the expectation of sharp short-term movements, with an options market dominated by "bearish spreads" strategies and high demand for hedging. Although the current sentiment is one of caution and immediate defense, stability in the long term suggests that investors are protecting their portfolios while awaiting a clear direction from the market.
