CPI data was in line, with little reaction from major speculative markets and no significant volatility in the crypto market.
The market expects this Thursday's Fed resolution to remain a no-hike, with the fall being the last rate hike likely to become a reality. From the current data, the IV on Thursday compared to the usual almost did not rise, institutions also generally believe that there is no volatility.
At the end of the year the macro market is mainly stable, crypto market is instead hot, and is now a clear independent market.
The market expects this Thursday's Fed resolution to remain a no-hike, with the fall being the last rate hike likely to become a reality. From the current data, the IV on Thursday compared to the usual almost did not rise, institutions also generally believe that there is no volatility.
At the end of the year the macro market is mainly stable, crypto market is instead hot, and is now a clear independent market.