@mudflow
While the VIX is typically used for traditional markets, its concept can be adapted to assess crypto market volatility. A rising volatility index signals increasing market fear or uncertainty, often predicting sharp price swings. In the crypto space, where price fluctuations are more frequent and extreme, using a volatility indicator helps traders gauge the potential for sudden moves. By tracking these indicators, traders can adjust their strategies—either preparing for a price breakout or reducing risk during periods of heightened volatility.