BTC falls back to November price levels, but market sentiment data reveals this signal.

[Coin World] Recently, BTC has returned to the price level of November last year, but interestingly, the implied Volatility is only 63% now. In comparison, it was 76% back in November last year.

This data speaks volumes - although the price has dropped back to its old spot, the market isn't as panicked as before. Volatility is like a thermometer for market sentiment; the higher the value, the more anxious people are. Now it's down by 13 points, which indicates that even though the price hasn't recovered, at least investors' mentality has stabilized significantly.