Greeks.live: The overall IV level has rebounded recently, but is being suppressed by a large amount of capital due to quarterly settlements

ChainCatcher news, Greeks.live analyst Adam posted on X that this week has a generally low importance of macro events. Currently, the German and American governments have stopped selling cryptocurrencies, leading to a rebound in the crypto market and an effective improvement in market sentiment. In terms of cryptocurrency, the SEC is expected to respond to the ETH ETF this week, but there is currently no effective news, and market enthusiasm for the ETF has noticeably decreased.

The cryptocurrency market experienced the worst July, with significant pressure from the German government's sell-off causing BTC and ETH to drop sharply. However, with the German government having completed its sell-off, cryptocurrencies have shown a clear rebound. Stimulated by the rebound and the assassination of Trump, the overall IV level has rebounded, but it is suppressed by a large amount of capital due to quarterly settlements, resulting in only a noticeable short-term IV rebound.

Key events this week:

7/15 Monday*

U.S. President Biden delivers a national televised address

7/16 Tuesday*

U.S. June retail sales month-on-month

7/17 Wednesday*

Multiple Federal Reserve governors give speeches

7/18 Thursday*

European Central Bank main refinancing rate
U.S. initial jobless claims for the week
Federal Reserve releases the Beige Book on economic conditions

7/12 Friday*

Multiple FOMC voting members give speeches