Adam, a macroeconomic researcher at Greeks.live, wrote on the X platform: "Although BTC has seen a significant rebound over the past two days, the options market has been muted. Currently, short- and medium-term implied volatility is generally around 35% or lower. ETH's rebound has been even weaker, with implied volatility hovering around 65%. This rebound is primarily due to President Trump's public appearance, dispelling recent doubts about his health. Trading in both call and put options has been active in the commodity market recently, primarily focusing on quarterly options for the current month. The options market currently underprices future volatility. Despite the upcoming release of several important economic data, the options market suggests minimal market volatility, and September is likely to be a relatively quiet month."