The market prices of BTC and ETH are both in decline this week. The implied volatility of both continues to decline significantly, the trading volume continues to decline, and the open interest continues to rise. It is expected that the volatility will decrease in the future.

High-quality in-depth analysis articles and hot topics of the week.

2024牛市已来，关注筹码情绪，持续通过社会实验与市场保持高度契合。

After nearly a week of sideways trading, BTC fell by about 5% in the short term yesterday, once challenging the 41,000 mark and being supported, setting a new low after ETF approval. The market pays close attention to the flow of funds related to ETFs, and many analysts attribute the recent decline

在前一日短天期收益率经历了混乱的重新定价后，长天期收益率在强劲的房地产数据、初请失业救济人数创一年新低。随著GBTC资金持续流出，且对ETF获批的兴奋情绪有所减弱，币价自ETF推出以来出现下滑，GBTC折价的反转（回落至-0.956%）也表明存在一些短期抛售压力。

Compared to Bitcoin spot ETFs, market participants are obviously more pessimistic about the possibility of Ethereum spot ETFs being approved.

数字货币迎来了第五天的横盘行情，BTC日内最大振幅仅有1%左右，隐含波动率整体加速下行，ETH中前端暴跌8～10% Vol，降到与BTC相当的水平。

Contains an understanding of the important EIP included in the Prague (Prague) hard fork and views on the 2024 EL Core Dev plan.

昨天由欧洲和英国领头，资产市场终于大幅回调对于宽松政策的预期，首先英国的通胀数据意外在10个月来首次出现上升，导致5年期英国国债收益率跃升23个基点。在加密货币方面，根据Bloomberg的估计，GBTC在3天内流出约12亿美元，而其他9只现货ETF则流入19亿美元，净流入估计为8亿美元；新推出的Bitcoin现货ETF首3天总交易量突破97亿美元，其中GBTC占超过52%。

The digital currency is still in the midst of a general market. BTC/ETH rose slightly above 43000/2600 respectively and then gradually gave back most of the gains. As a result, the implied volatility levels of the two have been reduced again. The front-end IV of BTC has returned to 50. Below %Vol, i

以太坊始终「定义」着一切。

BTC仍在42000至43000区间小幅震荡，日内微涨0.22%，ETH则是在2500上方整盘，收涨0.72%。期权方面，由于实际波动率继续在低点徘徊，BTC IV曲线前端得到下调，Weekly ATM下降约4%至54.98%。

速览今日市场热点信息。

Ethereum will always be the biggest beneficiary of the diverse and prosperous layer2 and layer3 markets.

The U.S. market was closed yesterday and the overall market was relatively calm. In Asia, despite weak Chinese bank lending leading to a further slowdown in social financing, and both CPI and PPI currently in deflationary territory, the Peoples Bank of China unexpectedly kept the MLF interest rate u

ether.fi能有效地将本地再质押流程转化为一个单一的存款过程。