According to CoinMeta, co-founders Rafael Schultze and Kraft stated that the implied volatility of BTC is currently in the lowest range of 2% in history, making it one of the periods with the lowest cost for buying volatility in recent years. However, investors who have recently purchased volatility have not been able to profit, as the actual volatility of BTC has been lower than what the options market has priced. Currently, the implied volatility of options is about 1.5 times the actual volatility, and the “volatility value trap” score for Glassnode has risen to 91/100, which is the highest level in over 3.5 years.