Greeks.live: Consensus indicates that low volatility will persist for the next two weeks, and the market may remain subdued and gradually decline.

BlockBeats News, December 23, Greeks.live posted on social media that this week coincides with the Christmas holiday, and the US stock market will be closed on Christmas Eve and Christmas Day. During this period, both institutional and retail investors in Europe and the US typically refrain from trading, and this trend usually continues until after New Year's Day. This Friday (the 26th) is the annual settlement day, and currently, more than 50% of the total options positions are awaiting expiration.

Most institutions have chosen to move their positions in advance. Since last week, the implied volatility (IV) of major expiration dates has begun to decline significantly, while the proportion of block trades has increased.

Under the combined influence of declining volatility, the Christmas trading period, and year-end position shifts, the implied volatility of major bitcoin expiration dates has dropped by more than 5% across the board over the past month, with mid- and short-term IVs falling by more than 10%. The decline in ethereum's IV is even greater.

These data collectively indicate that market expectations are subdued, with consensus pointing to continued low volatility over the next two weeks. The market is likely to remain flat for the next half month and may gradually trend lower.