Greeks.live: Market volatility expectations are low, and IV of major maturities continues to decline

ChainCatcher news, Greeks.live macro researcher Adam posted on the X platform that the primary macro event of this week is the US unemployment rate and non-farm data on Friday. The approval of ETH ETF should be as early as the end of this month. Investors need to pay attention to relevant news. The current IV is falling rapidly, and the expected volatility is small, but once the news of ETF approval is exposed, OTC funds will quickly push up the price of ETH.

The volatility caused by ETH ETF has completely subsided, the market has resumed sideways, and ETH still leads the entire cryptocurrency market. The market's volatility expectations are low, and the IV of major maturities continues to fall. Only the ETH IV of the month is slightly higher, mainly because there is an expectation of ETF approval at the end of this month.

In the crypto interest rate market, Bitfinex spot big players have begun to continue to buy the bottom. Green Leaf interest rate market often encounters orders with an annualized interest rate of 20%. If you encounter a suitable interest rate order, you can actively trade it. Using the high-interest model may be a surprise.

Important events this week:

Wednesday, June 5

US ADP employment in May
Canada Bank interest rate decision
FTX Creditors Committee: Restructuring plan and disclosure statement are being evaluated, objections to the disclosure statement must be submitted before June 5

Thursday, June 6

Eurozone ECB main refinancing rate
US initial jobless claims for the week

Friday, June 7

US unemployment rate in May
US seasonally adjusted non-farm payrolls in May