Woke up this morning and saw my account take another heavy hit. This ETH dropping 10% every day is starting to feel addictive. Checked the implied volatility, it's already close to 100%; Annualized rates for high sells are skyrocketing too: One tier at +0.6% has shot up to 480%, this number is definitely rare; Even the 3450 +3.6% price point has reached 201%. Yesterday when I opened a position with this markup ratio, it was only 100%. Has the market finally hit peak fear? Is this the start of a rebound, or the beginning of a long bear market?