Golden Finance reports that Adam, a macro analyst at Greeks.live, stated that trading in the crypto market has been relatively calm this week, with the total volume of Options Delivery falling by nearly half. The short-term implied volatility has significantly decreased, with Bitcoin’s medium-short-term volatility dropping below 50%, and ETH’s medium-short-term volatility retreating to around 60%. The cryptocurrency is currently in a state of free oscillation and consolidation, with investor sentiment becoming sluggish. As the quarterly Delivery approaches, large investors generally adopt a cautious strategy, and options market-making institutions have increased selling intensity, tightening implied Volatility, betting that the short-term market will continue to consolidate.