$BTC options market is dead quiet right now — Deribit's DVOL sitting at 36, lower than 93% of days since Jan 2024.
For context: 2024 median was 56, 2025 median was 46. We're in one of the flattest vol environments in ~3 years.
Meanwhile $BTC still down 32% from Oct 2025 highs. Low vol + depressed price = coiled spring or slow bleed? Watch the next catalyst closely.
For context: 2024 median was 56, 2025 median was 46. We're in one of the flattest vol environments in ~3 years.
Meanwhile $BTC still down 32% from Oct 2025 highs. Low vol + depressed price = coiled spring or slow bleed? Watch the next catalyst closely.
