BTC DVOL Volatility Index on Deribit drops from 84 to 73

Deribit's Asia-Pacific business leader Lin Chen posted on X platform, stating: "The spot price of BTC is still rising (new high), but the DVOL volatility index has dropped from 84 to 73, which is an interesting indicator; simply put, the fire is still big (the price is high), but the fire is not getting stronger (expectations have come down). The trend of market sentiment may have changed."