Bitcoin's FWD IV has a "hump" at ~62% for the 19MAR26 expiry before collapsing aggressively. The "hump" is just around the day of the US FOMC.
After FOMC, $BTC FWD IV collapses into later expirations.

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The cryptocurrency market stands at a crossroads, preparing itself for what will happen next. With the ongoing volatility of the financial landscape, Bitcoin ($BTC) has reached a condition of essentia...

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