Odaily News Greeks.live macro researcher Adam stated on the X platform: “Although BTC has seen a decent rebound in the past couple of days, the options market has responded flatly, with current medium to short-term implied volatility generally around 35% or lower. ETH's rebound is even weaker, with implied volatility overall around 65%. This rebound is mainly due to President Trump appearing in public, which dispelled recent doubts about his health. The bulk market has recently seen active trading of both call options and put options, primarily focusing on the quarterly options for the current month. Currently, the options market is pricing future volatility levels too low, even though several important economic data releases are imminent, the options market indicates that the market will not see much volatility, and September's market is likely to be relatively subdued.”