Glassnode warns BTC low volatility may be a 'Vol Value Trap'

Glassnode co-founder Rafael Schultze-Kraft said Bitcoin’s current low-volatility phase may not represent a good investment opportunity. He said BTC implied volatility has fallen to the lowest 2% in history, while the options market is still pricing volatility at about 1.5 times realized levels. Schultze-Kraft added the "Vol Value Trap" score has reached 91, the highest level in three and a half years. He also said such an extreme volatility compression phase could signal a major volatility expansion ahead, although the direction would depend on the macroeconomic environment, fund flows and market catalysts.