Bitcoin volatility index DVOL fell to 47, and 96% of the time in the past year was above this level

On March 22nd, according to data released by Deribit official personnel, BTC's volatility index DVOL has dropped to 47. In the past year, 96% of the time DVOL was greater than the current value, with a high of 92 and a low of 41. A significant drop in volatility indicates that the market believes BTC will not experience a sharp decline or rise, but will trade sideways for a period of time.