Greeks.Live: This bull market is a typical spot market bull market, and IV data indicates that the Bitcoin options market has matured

On February 28th, Greeks.Live researcher Adam posted on social media that the current bull market is a very typical spot bull market. Even in the current extremely Fomo atmosphere, the IV of major tenors has not reached recent highs. The 60% level is relatively high in the market over the past year, but compared to the previous bull market phase, the IV of major tenors should have already exceeded 90% at that time. Although IV seems to be trending lower in the long term, currently Fomo sentiment still cannot drive IV higher. This is a very good phenomenon for the options market as Bitcoin options are maturing.