Quick Take Swissblock suggests that a big move is coming across the board due to historic lows in the VIX and BVOL. The VIX is an index representing the market’s expectation for volatility, which is currently priced at 14, which is at multi-year lows. However, the BVOL, the Bitcoin volatility index, is also at 14 multi-year lows. Swissblock states, “the options market sentiment is strong; Deribit metrics suggest that nearly 54% of trading activity corresponds to a demand for calls.” Volatility: (Source: TV) 1 month 25D: (Source: Swissblock)

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