[Analysis: BTC Implied Volatility Continues to Contract, Potentially Building Momentum for the Next Uptrend] Deep Tide TechFlow reports on May 6th that, according to chart analysis published by independent analyst Markus Thielen, Bitcoin has been steadily climbing recently, while its implied volatility is showing a significant contraction. Historical patterns indicate that a decline in volatility is often accompanied by a relaxation of risk management constraints, with traders tending to expand their positions and increase capital investment. This influx of additional funds is likely to quietly push prices higher. The analyst believes that if this logic holds, the supportive effect of declining volatility on Bitcoin may just be starting to manifest, leaving room for further upward movement in the future.