Over 13% already!......

The "concentration of chips" within a 5% range 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 the current position, the chips will continue to concentrate and change hands here, leading to an increasing concentration of chips.

Based on multiple confirmations of this data in the past, when it exceeds 13%, large fluctuations can occur at any time. Especially when it exceeds 15%, it enters a "high-risk zone."

Note that what is emphasized here is not the direction, but the volatility!

I have marked the BTC trends after the concentration exceeded 15% in the chart; the rises and falls are random. But you can bet that "RV (realized volatility)" will be greater than "IV (implied volatility)", making steady profits is not easy #比特币流动性