Odaily Planet Daily News According to Greeks.live macro researcher Adam, since the July monthly delivery, the Dvol index has fallen from 62% to 48%, a drop of nearly 15%. The current overall IV level is very low, and only three weeks of the year are below the current level. On the one hand, the volatility of the crypto market is visibly declining, and on the other hand, important macro events such as the Bitcoin Conference and Fmoc have landed smoothly. At present, the market lacks hot spots, and the ETH ETF needs to wait for stable positive inflows. Judging from historical trends, this quarter should be generally optimistic, but there are not many opportunities in the short term.