Market confidence restored, ETH exchange rate plummeted
Panic sentiment has been released for a week, and market confidence has recovered most of it. The main term IV has fallen compared to last week, and currently IV is relatively at a high level, with obvious downward pressure this week.
The Cryptocurrency market has maintained the wide range of volatility since March, with ETH being relatively sluggish and the Exchange Rate experiencing a significant decline. This week, the macro focus returned to the US economic data, with the probability of interest rate cuts in September continuing to rise, which also gave the market some confidence.
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#ETH是否已开启持续上涨模式?
Market confidence restored, ETH exchange rate plummeted
Panic sentiment has been released for a week, and market confidence has recovered most of it. The main term IV has fallen compared to last week, and currently IV is relatively at a high level, with obvious downward pressure this week.
The Cryptocurrency market has maintained the wide range of volatility since March, with ETH being relatively sluggish and the Exchange Rate experiencing a significant decline. This week, the macro focus returned to the US economic data, with the probability of interest rate cuts in September continuing to rise, which also gave the market some confidence.