As the market rebounded, BTC’s Gex concentrated around the $60,000 level, with the previously scattered Gex portfolio becoming more concentrated, primarily consisting of weekly and monthly options. The biggest macro event this week is SpaceX’s IPO on June 12. As the world’s largest IPO, the liquidity impact on the U.S. stock market warrants close attention. Volatility in the U.S. stock market has been extremely high recently, exerting significant pressure on the cryptocurrency market. With a large influx of cryptocurrency investors into the U.S. stock market, the correlation between the two markets may continue to rise. Implied volatility (IV) for options expiring this week has risen significantly, and the proportion of block trades has also continued to climb. Investors are positioning themselves defensively for the near term, and there is strong demand for buying options in the short term.(Greeks.live)