[Analysis: Bitcoin's current risk premium has weakened, market concerns appear to have eased] Glassnode posted on platform X, stating that with price levels similar to those of November 21, the implied volatility of 1-week Bitcoin put options surged to 76%, reflecting strong market demand for downside hedging. However, during yesterday's market fluctuations, this indicator was only around 63%, indicating that the current risk premium has weakened. Market concerns seem to have eased, but if prices drop further, it could trigger a more dramatic price revaluation.