How does IV rank affect the volatility of cryptocurrencies?

1 answers

• Nov 24, 2021 · 3 years ago
  At BYDFi, we understand the importance of IV rank in assessing the volatility of cryptocurrencies. IV rank is a valuable tool for traders and investors to understand the market's expectation of future price movements. It helps us identify periods of high volatility and potential trading opportunities. When the IV rank is high, it indicates that the market expects significant price swings, which can present both risks and opportunities. Traders can use this information to adjust their risk management strategies and take advantage of potential price movements. However, it's important to note that IV rank is just one factor to consider, and it should be used in conjunction with other technical and fundamental analysis tools to make informed trading decisions.
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