According to @GreeksLive, Bitcoin has reclaimed the $71,500 level as the recent market crisis subsides. Implied volatility across major maturities has rapidly declined to levels observed a week ago. Additionally, the volatility risk premium (VRP) has shifted from positive to negative, with the monthly VRP dropping sharply from +2% to -9%. This negative premium trend suggests reduced market expectations for future volatility, though market confidence remains fragile due to weak crypto performance earlier this year.