On April 8th, Greekslive analyst Adam stated that after another easing between the US and Iran, Bitcoin quickly surged to $72,000. However, the implied volatility (IV) of major expiry options continued to decline, with even the IV of near-term options decreasing, and skew losing its upward bias. At the same time, due to the rise in RV, the VRP, which had rebounded significantly yesterday, declined again.

Looking at the main options indicators, the rebound above $70k has had a more encouraging effect on the market, mainly because it alleviated concerns about a black swan event causing a sharp decline, rather than an expectation of sustained price increases. #Gate广场四月发帖挑战