The turbulent situation in the Middle East has driven recent movements in gold and silver markets, while macroeconomic data has also exerted some influence. However, for cryptocurrencies, this is a time testing investors' patience. Today, the U.S. CPI data will be released. However, observing the IV of cryptocurrencies shows a significant decline compared to a week ago. This indicates that participants in the crypto market largely believe macroeconomic data no longer significantly impacts the crypto market. The rebound seen at the beginning of the month, which had led to a recovery in Skew, has also ended. Skew has now fallen back to holiday levels. Market sentiment remains relatively weak, with bullish momentum being quite fragile. The slightest hint of trouble causes investors to flee.(Greeks.live)