📌 BTC volatility index surges to 44! Market undercurrents brewing

💰 The battle between bulls and bears intensifies today: BVIX (BTC volatility index) is 44.23, up 1.12% over the day. EVIX (ETH volatility index) climbs even higher to 68.40, up 1.47%. With both major volatility indices rising at the same time, it suggests the market is building up energy for a directional choice. In recent days, BTC has been trading in a tight range of 75,000−76,000, and neither side has shown clear dominance. On-chain data shows that the number of wallet addresses holding more than 100 BTC is nearing 20,000. The “dolphin and above” holder cohort continues to expand, and the concentration of coins keeps increasing. Judging from the 3-day K-line trend, BTC is still in a consolidation phase at elevated levels. Analysts point out that the $60,000 threshold has become the core support area for April; if it breaks, it could trigger a chain-reaction of selloffs.
⚠️ DeFi risk spillover warning Meanwhile, dark currents are surging in the DeFi market. Spark’s strategy head issued a warning: the risk of rsETH security incidents spreading is worsening, and the DeFi market may face a cascading liquidation crisis. The pressure of nearly 200 million in bad debt at Aave still remains unresolved, and sentiment in the crypto market is becoming more cautious. Investors should closely monitor changes in the volatility index and control position risk until the market direction becomes clear.#BTC #加密市场 #波动率 #DeFi风险 #风险