On September 9, Greeks.live researcher Adam posted on the X platform that last week's macro data did not have much impact. The Federal Reserve's interest rate meeting will be held next Thursday, and a 25 basis point interest rate cut will once again become the main point of view. The cryptocurrency market is very weak. BTC has fallen by nearly 10% since September. Now market confidence is weak and the market is in an oversold state. The crypto market is very weak, and investor confidence is seriously insufficient. All major IVs have rebounded, and the rebound of medium- and short-term IVs is more obvious. Option trading focuses on the Federal Reserve's interest rate meeting next week. At present, the medium- and short-term IVs are still at a low level this year. It is very cost-effective to build a bearish ratio spread in accordance with the view.