According to BlockBeats, on August 28, Greeks.live analyst Amad shared insights on social media regarding the upcoming earnings report from Nvidia. As one of the most prominent stocks in the U.S. market, Nvidia's financial results are being closely monitored for their potential impact on the broader stock market.

In the cryptocurrency sector, recent trends have shown a decline. Yesterday's significant drop, combined with expectations surrounding Nvidia's earnings report, has slightly increased today's implied volatility (IV). However, over a longer period, the decline in IV remains evident, especially considering the recent notable drop in realized volatility (RV). The market has been particularly pessimistic about Ethereum (ETH), citing prolonged technical weaknesses and lackluster real-world applications. Despite this, the market's outlook may be overly negative, as evidenced by several large-scale options trades in the past two days, indicating potential bottom-fishing in the options market.