Glassnode: Bitcoin DVOL index hits historical low, potentially increasing the risk of sudden volatility

ChainCatcher message, Glassnode published analysis, Deribit data shows that the Bitcoin volatility index DVOL has dropped to a historical low, with only 2.6% of trading days recording lower values.

Analysis indicates that the current market demand for downside risk protection is at an extremely low level, and this extreme optimism in market sentiment may increase the risk of sudden volatility.

*Note: The DVOL index is an important indicator for measuring expected volatility in the Bitcoin market.