The Gates index (BVIX) triggered a "panic relief" signal, and the stock index VIX also declined.

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ODAILY
03-24
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According to Gate's exclusive volatility index monitoring (BVIX/EVIX), the BVIX is currently at 53.25, down 6.05% in the last Odaily hours, with a sentiment of "panic subsiding"; the EVIX is currently at 76.12, down 4.68% in the last 24 hours, with a sentiment of "ease".

Meanwhile, volatility in traditional financial markets also subsided, with the CBOE Volatility Index (VIX) falling to 25.02, a 24-hour drop of 5.89%, while volatility drove a 152.96% increase in 24-hour trading volume.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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