Greeks.live: The cryptocurrency market is experiencing its worst July, and the overall IV level is currently rebounding significantly

BlockBeats news, on July 8, Greeks.live macro researcher Adam posted on social media that this week is a small macro week. The current impact of the German and American governments' selling of cryptocurrencies on the market has overwhelmed other factors. If the selling continues, it will be difficult for the market to improve effectively. This week, we need to keep a close eye on the actions of the German and American governments. In terms of encryption, the SEC has postponed the response of the ETH ETF, and trading will start as early as next week. There is a high probability of good news this week.

The cryptocurrency market is experiencing the worst July. Under the huge pressure of the German and American governments' selling, the decline of BTC and ETH has begun to accelerate, and the encryption market is relatively sluggish. At present, the overall IV level has rebounded significantly. If you choose a higher IV at the right time, you can open a sell order. The large amount of funds for quarterly delivery will smash the IV back at any time.

In terms of the encryption interest rate market, the Bitfinex interest rate market is relatively quiet, with occasional good interest rate orders. If you encounter a suitable interest rate order, you can actively trade it.