Matrixport: Bitcoin implied volatility continues to compress, decreasing the probability of a year-end rally.

According to Foresight News , Matrixport released a market analysis stating that Bitcoin's implied volatility continues to compress, reducing the probability of a significant upward breakout by the end of the year. Today's FOMC meeting is the last major catalyst; once the meeting concludes, volatility may further decline during the holiday period. Without new inflows from Bitcoin ETFs to drive directional momentum, the market may return to a range-bound trading pattern, which is typically accompanied by further volatility decay. In fact, this correction has already begun, with implied volatility falling and the market steadily reducing the likelihood of a surprise upward move at the end of December.