The Bitcoin Volatility Index (DVOL) has fallen to 47, and has been above this level for 96% of the past year

According to BlockBeats news, on March 22nd, according to data released by Deribit officials, BTC's volatility index DVOL has fallen to 47. Over the past year, 96% of DVOL has been higher than the current value, with the highest being 92 and the lowest being 41. A significant drop in volatility indicates that the market believes BTC will not experience a sharp drop or a sharp rise, and will remain sideways for a period of time.