Greeks.live: Market volatility is expected to be low, and each major period IV continues to fall

Greeks.live macro researcher Adam posted on the X platform that the main macro events to watch this week are the US unemployment rate and non-farm payroll 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. However, once the news of ETF passing is exposed, over-the-counter funds will quickly push up the price of ETH. The volatility caused by ETH ETF has completely subsided, the market has returned to sideways, and ETH still leads the entire cryptocurrency market. The market's volatility expectations are low, and the main term IV continues to fall. Only ETHIV is slightly higher in the month, mainly because of the expectation of ETF passing at the end of this month. In the crypto interest rate market, Bitfinex's large spot players have begun to continue bottom fishing, and the green leaf interest rate market can often encounter orders with an annualized interest rate of 20%.
This week's blockbuster event: 6/5 Wednesday U.S. May ADP employment Bank of Canada interest rate decision FTX creditor committee: is evaluating the restructuring plan and disclosure statement, objections to the disclosure statement need to be submitted by June 5 6/6 Thursday Eurozone European Central Bank main refinancing rate U.S. jobless claims at the beginning of the week 6/7 Friday U.S. May unemployment rate U.S. May quarter adjustment non-farm payrolls