Glassnode reports DVOL dropping 12 points from March highs, confirming reduced Bitcoin volatility amid bullish trends and neutral momentum.

According to @glassnode, the DVOL, a key volatility index reflecting aggregate market volatility expectations, has been trending downward after a significant spike during recent liquidation events. Over the past two weeks, the DVOL has shed approximately 10 volatility points, signaling that stress pricing in the market is being unwound. This trend may indicate reduced market uncertainty and potential stabilization in the near term.

According to @glassnode, the DVOL (Deribit Volatility Index) remains elevated at around 65, showing a significant adjustment from the high 40s reported last week. This sustained increase in volatility highlights a fragile market environment as it adapts to the ongoing higher volatility regime, signaling caution for traders.

According to @glassnode, DVOL—described as a single-number snapshot of implied volatility—fell immediately after the referenced event. Source: @glassnode on X, Dec 12, 2025; glassno.de/4pFLFIS. This drop often indicates volatility supply returning and less urgency among traders to hedge or seek upside exposure, a key shift for crypto options positioning. Source: @glassnode on X, Dec 12, 2025; glassno.de/4pFLFIS.