Indicator	Value	7d	30d	Risk	As of
Bitcoin implied volatility (DVOL) The options market’s expected annualised volatility of BTC over the next 30 days.	41.8	+3.67%	+14.76%	Moderate	2026-11-08
VIX (US equity volatility) Expected 30-day volatility of the S&P 500, the classic "fear gauge" of global markets.	28.18	+63.84%	+87.74%	High	2026-11-05
US dollar index (broad) Trade-weighted value of the US dollar against major currencies.	121.67	+0.28%	+0.58%	Low	2026-10-30
Ether implied volatility (DVOL) The options market’s expected annualised volatility of ETH over the next 30 days.	60.3	+10.86%	+22.46%	Moderate	2026-11-08
S&P 500 The benchmark index of large US companies — a gauge of global risk appetite.	7,353.73	−4.75%	−5.95%	Moderate	2026-11-05
Nasdaq Composite The technology-heavy US equity index, closely watched by crypto traders.	24,579.42	−3.37%	−10.75%	Elevated	2026-11-06
US high-yield credit spread Extra yield investors demand to hold risky corporate bonds instead of Treasuries.	3.48%	+0.22 pp	+0.45 pp	Low	2026-11-05

How to read it

Volatility and risk appetite set the backdrop for every trade. Rising implied volatility, falling equities and widening credit spreads usually mean smaller positions and wider stops.