PANews reported on December 10th that Matrixport's chart analysis today indicates that implied volatility continues to decline, and market expectations for another significant upward breakout in Bitcoin before the end of the year have cooled considerably. Against this backdrop, the upcoming Federal Reserve interest rate meeting is widely considered the last major event window of the year. After the meeting's outcome, coupled with the approaching holidays and the lack of new net inflows into Bitcoin ETFs, the market is more likely to return to range-bound trading, with relatively limited directional opportunities, and volatility is likely to continue declining. Options market pricing also confirms this: investors' bets on an unexpected upward move in late December are gradually diminishing.


