Data: Bitcoin 1-week Options implied Volatility has dropped to 63%, market panic sentiment has eased.

According to Mars Finance, monitoring by Glassnode shows that at price levels similar to those on November 21, the implied volatility of Bitcoin's 1-week put options soared to 76%, reflecting the previously aggressive demand for hedging against downward movements. However, yesterday's price fluctuations only pushed the implied volatility to about 63%, indicating that the risk premium is relatively mild. Data suggests that market concerns have eased, but any further decline may trigger more severe repricing.