Greeks.live researcher Adam posted on the X platform that today is the quarterly delivery, the option delivery of over 10 billion dollar nominal value, June is a difficult month for the crypto market, BTC and ETH prices once approached the biggest pain point that investors think impossible to achieve, the market atmosphere is more pessimistic. Although the market has been volatile, the mainstream currency IV has not seen a significant increase, with BTC's main term IV below 50% and ETH's main term IV below 60%, both at a low level. The ETH ETF will have clearer news early next month, and IV will be under strong downward pressure a few days after the delivery is completed today.