Bitfinex: Bitcoin's 30-day implied volatility has fallen to about 42%, hitting a three-month low
Bitfinex reports that the 30-day implied volatility (IV) of Bitcoin has fallen to around 42%, reaching a nearly three-month low, significantly down from the high of about 56% from January to February 2026. Additionally, the market has experienced a negative funding rate for 26 consecutive days, combined with declining option prices, creating a clear structural asymmetry.
If the spot price of Bitcoin effectively rises above the short-term holder realization price level of $80,100, the cost of short positions will significantly increase, while the current options market has not fully priced in this scenario, and call options may be systematically undervalued.
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