Bitcoin's 30 day implied volatility falls to around 42%, hitting a three-month low Odaily Planet Daily News: Bitfinex reported that Bitcoin's 30 day implied volatility (IV) has fallen to about 42%, hitting a new low in nearly three months and a significant decrease from the high of about 56% in January and February 2026. In addition, the market has experienced negative funding rates for 26 consecutive days, coupled with lower option prices, forming a clear structural asymmetry. If the spot price of Bitcoin effectively reaches the price level of $80100 for short-term holders, the cost of holding short positions will significantly increase. However, the current options market has not fully priced this scenario, and call options may be systematically undervalued.