PANews reported on November 24th that Matrixport analyzed in today's charts: "Over the past week, the implied volatility skew of Bitcoin options weakened further. Short-term skew expanded from approximately -3.5% last week to -10.6%, indicating a significant increase in demand for short-term downside hedging; long-term skew decreased from approximately -0.2% to -1.9%, with pricing in longer-term tail risk also becoming more pessimistic. From an option pricing perspective, the market's pricing of downside risk has increased over the past week, reflected in both short-term options and contracts expiring next year. Current implied volatility has climbed to approximately 58%, corresponding to a higher near-term downside risk premium and a more cautious medium-term outlook than a week ago, indicating that the market does not view this round of volatility as a one-off shock."