Gate Institute: Under wartime conditions, BTC's trend remains stable with a slight upward bias, and volatility stays high

BTC-2,54%
ETH-3,43%

PANews March 5 News, according to Gate Research Institute observations, the current implied volatility (IV) for BTC and ETH is approximately 55% and 74%, respectively. BTC IV is near the 91st percentile over the past year, reflecting that the options market’s short-term price volatility expectations remain at a high level for the past year. Over the past week, the 25-Delta Skew for BTC and ETH has generally remained in negative territory, initially widening before converging, with the 7-day skew dropping to about -15 vol at one point, indicating a temporary increase in short-term put demand.

From the GEX distribution, gamma is concentrated around the negative gamma zone near March 13, which could amplify volatility and develop into a trend; the largest options trades in the past 24 hours are a BTC 27MAR26 buy 125k-C, approximately 1,500 BTC, with a net premium of $100,000; for ETH, a 13MAR26 buy 1950-P, about 10,000 ETH, with a net premium of $800,000.

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