[Analyst: Implied Volatility (IV) of Bitcoin's major term options and expiry options has not increased] Odaily Planet Daily reports that Greeks.live macro researcher Adam posted on the X platform, stating that although Bitcoin's price hit a new rebound high today, the implied volatility (IV) of major term options and expiry options has not increased. Compared to when Bitcoin broke through $70,000, IV has actually decreased. Over the past week, VRP has dropped significantly, with declines of nearly 20% across all terms. This divergence typically indicates that institutions believe the rebound has come to an end and momentum is waning.