Matrixport: Bitcoin implied volatility continues to decline, with the market gradually lowering the likelihood of an upward movement by the end of December

Jinse Finance reported that Matrixport's daily chart analysis indicates that bitcoin's implied volatility continues to decline, which in turn reduces the likelihood of a significant upward breakout by the end of the year. Today's Federal Open Market Committee meeting is the last major catalyst, but once the meeting concludes, volatility is likely to continue its downward trend until the holiday season. Without new bitcoin ETF inflows to drive directional momentum, the market may return to a range-bound state. This outcome is typically associated with further declines in volatility. In fact, this adjustment process is already underway, with implied volatility continuously decreasing and the market gradually lowering the probability of an upside surprise at the end of December.