PANews reported on January 26th that Adam, a macro researcher at Greeks.live, analyzed that the Federal Reserve will announce its latest interest rate decision at 3:00 AM on Thursday, January 29th. Combined with recent international uncertainties and the continued decline in Bitcoin's price, the implied volatility of short- and medium-term options has increased significantly. BTC's short-term implied volatility exceeds 45%, ETH's reaches 63%, and SOL's exceeds 60%, with the one-week term showing an increase of over 10% compared to the same period last week.

However, the market almost unanimously believes that there will be no rate cut at the current interest rate decision, and there is a high probability that the current situation will remain unchanged at the end of the month. More than a quarter of the option positions will expire in January, at which time the implied volatility is likely to fall. Overall, now is a good opportunity to sell short-term options, and even selling both at the same time would be a good option.