The turbulent situation in the Middle East has driven recent trends in gold and silver, while macroeconomic data has also had some impact. However, for cryptocurrencies, now is the time to test investors' patience. Tonight at 9:30 PM, the U.S. CPI data will be released, but looking at crypto IV, it has significantly dropped compared to a week ago. This indicates that participants in the crypto market generally believe macro data no longer has much influence on the crypto market. The Skew rebound from the beginning of the month has also come to an end, now falling back to holiday levels. Market sentiment remains weak, and bullish momentum is very fragile—any slight disturbance sends people running.