[Bitwise Advisor: Market Volatility Characteristics Indicate Traders Expect a Quick Rebound, Volatility May Remain Elevated] BlockBeats News, November 23, Bitwise advisor Jeff Park posted on social media that a noteworthy phenomenon during the recent sell-off is that market volatility characteristics are leaning more towards 'strike price stickiness' rather than 'Delta stickiness.' (This suggests that the sell-off was not driven by the mechanical dynamic hedging of market makers but rather by the concentrated views and behaviors of market participants around specific price points, i.e., strike prices.) This is in stark contrast to the market behavior during 'unlocking days.' This characteristic signals two possible outcomes: first, traders believe the market may experience a quick rebound; second, volatility is likely to remain at elevated levels.