According to Greeks.live's post on the X platform, this week will see three important macroeconomic data releases: the US February CPI data on Wednesday, the unemployment figures on Thursday, and the January PCE price index on Friday. However, in terms of actual impact, the Strait of Hormuz disruption caused by the US-Israel military action against Iran, affecting global oil transportation, is the real macroeconomic event affecting the market. Since last week, implied volatility across major timeframes has risen significantly. Currently, BTC's short-term IV has reached over 65%, and ETH's short-term IV has risen above 80%, both reaching recent highs. Market expectations for volatility this month are constantly increasing, and the recent decline in skew indicates a continuously rising demand for downside protection.