Bitcoin native options volatility and skew compress while positioning concentrates around key strikes, according to Glassnode data on August 14, 2026.

According to @glassnode, 1-week DTE BTC options display compressed implied volatility across strikes and open interest thins markedly above approximately $110,000, signaling limited near-term hedging demand, source: Glassnode X post Jan 12, 2026 https://twitter.com/glassnode/status/2010761968332718562. According to @glassnode, such conditions often precede faster repricing once volatility re-enters the market as positioning adjusts to new information, source: Glassnode X post Jan 12, 2026 https://twitter.com/glassnode/status/2010761968332718562.

According to @CoinMarketCap, Anthony Pompliano told CNBC that Bitcoin’s lack of an explosive year-end rally and its compressed volatility may help prevent a major BTC crash in Q1 2026 (source: https://twitter.com/CoinMarketCap/status/2003884149904375910). For traders, the key takeaway is that subdued year-end momentum and tighter trading ranges are being highlighted as potential stabilizers for early-2026 drawdown risk, per the CNBC comments relayed by @CoinMarketCap (source: https://twitter.com/CoinMarketCap/status/2003884149904375910).

According to @Andre_Dragosch, Bitcoin is way too underpriced, highlighting Cryptofy Hub’s analysis that the last three times BTC’s standard deviation fell to a similarly low level it aligned with macro bottoms, with an exception around the FTX collapse; BTC reached this low again in November (source: X/@Andre_Dragosch, 2025-12-19, https://twitter.com/Andre_Dragosch/status/2001877050832097639; source: X/@CryptofyHub, https://x.com/CryptofyHub/status/2001513927348490390).

According to @glassnode, post-FOMC at-the-money implied volatility has already compressed across 1-week through 6-month maturities, meaning options are pricing smaller expected moves and tighter ranges (source: @glassnode). Per @glassnode, with the policy catalyst now behind, the market is de-pricing uncertainty across the term structure, signaling reduced event risk being priced (source: @glassnode).