According to Odaily, Greeks.live macro researcher Adam reported that the number of initial unemployment claims in the United States recorded 233,000, marking a new low since July 6. The U.S. economic data has been fluctuating this quarter. Despite widespread beliefs that the data is entirely manipulated, it still influences the movement of risk assets.

Bitcoin and Ethereum rebounded by more than 5% today, with the impact of the yen interest rate hike temporarily subsiding. However, market sentiment remains highly volatile, and the fear index is still elevated. Option data indicates that the implied volatility (IV) for major terms remains above 60%, with no significant short-term decline expected. Currently, Bitcoin's 7-day realized volatility (RV) stands at 100%, far exceeding the IV level.