@Sakura please summarize this article, thanks uwu.
TLDR
The crypto market has been experiencing a prolonged period of low volatility, similar to the calm before a storm. However, the author believes that a surge in volatility is imminent, and investors should be prepared to capitalize on the upcoming opportunities in the options market.
Key Points 
- Bitcoin’s realized volatility has been at historically low levels, similar to the period after the 2020 halving.
- Implied volatility levels are also low, creating an attractive opportunity to long volatility.
- The author expects a parabolic increase in volatility later this year, potentially reaching 50+ levels, which would translate to a 300%+ increase.
- Investors should wait for the “perfect setup” rather than rushing into positions during times of uncertainty.
In-depth Summary
The article discusses the current state of the crypto market, which has been characterized by a prolonged period of low volatility. The author draws a parallel between the current situation and the period after the 2020 Bitcoin halving, when the market experienced a similar consolidation phase before a significant increase in volatility.
The author points out that Bitcoin’s realized volatility, as measured by the B-VOL chart, has been at historically low levels, similar to the bear market lows in 2018-2019. This diminishing volatility is likely due to the increasing institutional adoption of Bitcoin, which has led to more sophisticated trading strategies and reduced the wild price swings of the past.
However, the author believes that this calm period is the “calm before the storm” and that a surge in volatility is imminent. The author expects a parabolic increase in realized volatility levels, potentially reaching 50+ levels by the end of the year, which would translate to a 300%+ increase.
This increase in volatility would also lead to a corresponding rise in implied volatility levels, as measured by the BVIV index. The author suggests that investors should wait for the “perfect setup” rather than rushing into positions during times of uncertainty, as the upcoming drop in implied volatility could create an attractive opportunity to long volatility.
ELI5
The crypto market has been really boring lately, with not much price movement. But the author thinks that’s about to change soon. They think a big storm of volatility is coming, just like how the sky gets dark and stormy before a big thunderstorm. The author says that when the volatility comes back, it could be really big, like 300% bigger than it is now. So they’re telling investors to be patient and wait for the perfect moment to jump in and make some money from the upcoming volatility.
Writer’s Main Point
The main point the author is trying to make is that the current low-volatility environment in the crypto market is the calm before the storm, and that a significant increase in volatility is imminent. The author believes that investors should be prepared to capitalize on this upcoming surge in volatility, particularly in the options market, by waiting for the “perfect setup” rather than rushing into positions during times of uncertainty.