Svmuu News: Adam, an analyst at Greeks.live, posted on X stating that Bitcoin has returned above $71,500, with implied volatility across major tenors declining rapidly, now back to levels seen a week ago. The VRP, which had just turned positive, quickly reverted to negative. Within a day, the monthly VRP shifted from +2% to -9%. The persistently widening negative premium trend also indicates that market expectations for future volatility are lower than current levels. However, the extreme weakness in the crypto market's trend during the first quarter of this year remains unreversed, with market confidence being very weak.