According to @glassnode, the largest BTC options expiry is approaching while spot remains stuck in its recent range, putting positioning and implied volatility under the spotlight for traders. source: @glassnode on X, Dec 19, 2025. @glassnode states that the thread examines options positioning and volatility signals into the event and explains why this expiry could influence subsequent price behavior. source: @glassnode on X, Dec 19, 2025. Key trading watchpoints highlighted include options open interest concentration by strike, implied volatility term structure, and volatility skew ahead of the expiry window to gauge potential post-expiry direction and volatility. source: @glassnode on X, Dec 19, 2025.

According to @CoinMarketCap, Bitcoin’s (BTC) implied volatility is surging toward levels that may signal a return to options-driven price action, as highlighted by ProCap CIO Jeff Park (source: CoinMarketCap on X, Nov 25, 2025, citing Jeff Park). Jeff Park adds that such options-led regimes have historically produced decisive moves that push BTC to new highs (source: CoinMarketCap on X, Nov 25, 2025, citing Jeff Park).

According to @rovercrc, Bitcoin implied volatility is currently very low for BTC, source: @rovercrc on X, Sep 4, 2025. He characterizes the setup as a ticking time bomb with huge moves ahead for BTC price action, source: @rovercrc on X, Sep 4, 2025.

According to @glassnode, Bitcoin’s 6M/1M implied volatility ratio is elevated with only 3.2% of days showing higher readings. According to @glassnode, options markets are increasingly pricing medium-term uncertainty, indicating rising concern about structural or macro risks. According to @glassnode, the elevated ratio means six-month BTC options are priced with higher implied volatility relative to one-month options, highlighting a steepening options term structure that traders track for risk management.

According to QCPgroup, gold prices dropped nearly 3% before rebounding as the market shifted back to a typical macro environment with a stronger US dollar and rising yields, leading to lower gold prices. Volatility declined across the board, with the VIX falling to 18 and Bitcoin front-end implied volatility compressing by over 5 vols. This shift in market dynamics has resulted in reduced crypto trading volatility, suggesting a more stable near-term outlook for Bitcoin and the broader cryptocurrency market. Source: QCPgroup on Twitter, May 13, 2025.