Greeks.live: Bullish momentum is weak; crypto market participants believe macro data no longer impacts market trends

According to Odaily, Greeks.live macro researcher Adam posted on X, stating that the recent gold and silver market trends have been driven by the Middle East situation, with macro data also having some impact. However, the cryptocurrency market is currently in a phase that tests investors' patience. At 9:30 tonight, the US CPI data will be released. Observing the cryptocurrency IV, there has been a significant decline compared to a week ago, indicating that market participants generally believe macro data no longer affects the crypto market. The Skew rebound brought by the early-month rally has ended, and it has now fallen back to holiday levels. Market sentiment is weak, bullish forces are lacking, and the market is sensitive to volatility.