Bitwise consultant says Bitcoin's rise requires higher volatility

Bitwise advisor Jeff Park stated that Bitcoin remains a "trader market" and the upward momentum requires significantly higher volatility. At present, the implied volatility of Bitcoin is about 38, with low monthly trading volume, especially worrying performance in January. He believes that "paper Bitcoin" is not the main cause of price suppression, and the historic surge of silver is driven by factors such as leverage tools to drive price fluctuations. He emphasized that supporting Bitcoin means supporting its volatility, and said that Bitcoin will ultimately overturn many people's perceptions.