Gate Research: Crypto options trading is bearish in bulk, crude oil volatility has fallen by about 38% from its high, and sell-side strategies have an advantage at a premium.

CoinFeed reported on March 26th that, according to Gate Research, BTC's volatility index (IV) is around 51%, and ETH's is around 74%, both slightly lower but still above the 80% threshold. Gold and crude oil volatility indices are around 41.9% and 89.35% respectively, down approximately 14% and 38% from previous highs, but still relatively high historically. BTC skew recently dropped rapidly from -5 to below -10 before recovering to around -6, indicating that short-term panic hedging has eased and the market is returning to a neutral-to-bullish structure. GEX formed a positive Gamma peak of approximately 5 million near its March 27th expiration date, and short-term prices may be suppressed by a "magnetic effect." As expiration approaches or ends, subsequent volatility may amplify again.