#BTC 30D IV 44.60% (-3.27 pp), spot $71,714 (+4.37%). 1σ= +/-2.33% / day; today = +1.87σ IV - RV30 = -0.38 pp (RV30 44.98%) | IV - RV7 = -1.03 pp (RV7 45.63%) BTC fully embraced the ceasefire relief trade. Spot higher, but IV was crushed as war premium was priced out. https://t.co/nvDcxj6q6i

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