Greeks.live: The cryptocurrency market is experiencing the worst July, and the overall IV level has significantly rebounded

ChainCatcher news, Greeks.live macro researcher Adam posted on social media that this week is a macro mini-week. Currently, the actions of the German and American governments selling off cryptocurrencies have overshadowed other factors affecting the market. The sell-off continues, making it difficult for the market to recover effectively. This week, we need to closely monitor the actions of the German and American governments. In terms of cryptocurrency, the SEC has delayed its response to the ETH ETF, with trading expected to start as early as next week. This week, positive news is highly likely.

The cryptocurrency market is experiencing the worst July, with BTC and ETH declines accelerating under the immense pressure of the German and American government sell-offs, leading to a sluggish crypto market. Currently, the overall IV level has rebounded significantly, and it is possible to establish sell positions with higher IV for timing. A large amount of capital from quarterly settlements could push the IV back down at any time.

In the cryptocurrency interest rate market, the Bitfinex interest rate market is relatively quiet, with occasional decent interest rate orders. Suitable interest rate orders can be actively executed.