Greeks.live: Market bullish momentum is weak; crypto market participants believe macroeconomic data no longer influences market trends.

Adam, a macro researcher at Greeks.live, wrote on the X platform that the situation in the Middle East has driven recent gold and silver prices, and macroeconomic data has also had some impact, but cryptocurrencies are currently in a phase that tests investors' patience. The US CPI data will be released tonight at 9:30 PM. Observing the cryptocurrency IV, a significant decrease compared to a week ago is observed, indicating that crypto market participants generally believe that macroeconomic data no longer affects the crypto market. The Skew rebound brought about by the beginning of the month has ended, and it has now fallen back to holiday levels. Market sentiment is weak, bullish momentum is weak, and the market is sensitive to volatility.