[Analyst: Bitcoin price continues to rebound, but major tenor options IV is declining] Odaily Planet Daily News - Greeks.live macro researcher Adam posted on the X platform, pointing out that as Bitcoin's price continues to rebound, the implied volatility (IV) of major tenor options is instead declining. While IV is dropping, Skew is noticeably positive. The primary reason for this phenomenon is the gradual easing of military conflict between the U.S. and Iran, leading to a reduction in market concerns over war risks and a significant drop in the price of put options. Order books and bulk trades are relatively balanced, with most transactions concentrated in the current and next month. The market is readjusting its position layout, and major participants have reached a consensus on future market expectations—low volatility expectations are becoming the mainstream in the market.