Daily Briefing of the English Community

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Release Date: 2025-07-04

Overall market sentiment
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The overall sentiment in the community is bearish, with key resistance levels still holding. The collapse of volatility has created a challenging trading environment. Traders are struggling in the current low volatility environment and expressing difficulties in being bullish on the market.

Volatility collapse and options strategy adjustment
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• Implied volatility has collapsed, and market makers need to inject volatility to increase option premiums and restore profitability.
• Volatility is almost nonexistent, creating a new paradigm where the market is just grinding and oscillating without any meaningful changes.
• Traders are adapting by selling more put options and implementing put spread as the primary strategy in a low volatility environment.
• $109,000 resistance level has not yet been broken, expected to continue consolidating during the U.S. long weekend.