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Macro analyst Adam from Greeks.live stated that yesterday's CPI data slightly exceeded expectations, once smashing BTC to $94,000. However, with factors such as Powell's positive speech on encryption stimulating the market, mainstream coins will appreciate to their high positions this week. Currently, the implied volatility (IV) of major term options is at a relatively low level in nearly a year. The volatility index (Dvol) has only been lower than it currently is 14% of the time over the past year. Short-term IV is particularly low; current month-to-expiry IV is only 46%, indicating that the options market has relatively low expectations for future fluctuations. The main reason for this phenomenon is the recent continuous weakening of bullish forces and large-scale bullish whales continuously selling off. Since last month's delivery ended, Skew has been on a downward trend and is now oscillating near zero axis. Now it’s time for the market to digest TrumpTrade’s junk period; following whale sell-offs seems like a better choice.

The Celestia community has proposed a plan to set lock-up restrictions for the staking rewards of locked tokens, aligning the unlocking time of staking rewards with that of the original locked tokens. In response to this proposal, Celestia founder Mustafa Al-Bassam expressed his support: "Let's complete this proposal. Currently, most PoS networks do not lock up staking rewards for investor shares. This proposal solves Celestia's problem and other Cosmos SDK chains can also adopt this solution."