Glassnode: Market expectations for Bitcoin's volatility in the next quarter are relatively moderate

On January 13, Glassnode reported that Bitcoin’s implied volatility has fallen back into a low expected range, indicating that the market’s expectation of significant volatility in the next quarter is relatively moderate and that it will return to a low-volatility state. This situation reflects limited short-term hedging demand and generally suggests that once market volatility reappears, prices will adjust more quickly as positions are rebalanced based on new information. Additionally, Bitcoin’s long-term holder profit-taking has cooled to levels typically observed during shallow bear phases. This situation is usually associated with high uncertainty and often occurs during the stagnation phase of a bull market or the early stages of a deeper bear market.