Over 13% now!......
The “concentration of chips” within 5% of the current BTC spot price has exceeded our warning line, reaching 13.3% as of yesterday.
In other words, if BTC continues to fluctuate back and forth at this position, the chips will continue to concentrate and change hands here, leading to an increasingly high concentration of chips.
According to multiple confirmations of this data in the past, large fluctuations can occur at any time when it is above 13%. Especially when it exceeds 15%, it is considered a “high-risk area.”
Note that what is emphasized here is not the direction, but the volatility!
I have marked the previous instances when the concentration exceeded 15% and the BTC trend; the rises and falls are random. But you can bet that “RV (realized volatility)” will be greater than “IV (implied volatility)”, isn't it good to make steady profits?
$BTC #加密市场观察
{spot}(BTCUSDT)