According to ChainCatcher, due to the opening of the Ethereum spot market, derivatives market participants expect ETH volatility to be high this week. Analysts predict that there may be selling pressure on the day of the launch of the Ethereum ETF, which will gradually recover. According to Deribit data, the implied volatility of ETH options has risen from 56% to 70% in the past week. BRN analyst Valentin Fournier said that after the launch of Ethereum ETF spot trading, ETH prices may fall immediately and may face huge selling pressure at the beginning of this week, and the launch of the ETF may not be able to offset this pressure immediately.