Greeks.live: Bitcoin breaks $70000 without showing sustained bullish expectations

On April 8th, Greeks.live reported that Bitcoin has rapidly risen to $72000, but the implied volatility (IV) of major term options is still decreasing, and doomsday options IV has also decreased. Skew's negative bias has weakened due to the rise. Meanwhile, due to the increase in actual volatility (RV), the volatility risk premium (VRP) that rebounded yesterday has fallen again. Option indicators show that this rebound mainly eased concerns about the black swan event causing a sharp decline, rather than the expected sustained price increase.