PANews reported on July 4 that according to The Block, Sean Dawson, head of research at derivatives trading platform Derive, said in the latest market report that the decline in implied volatility of Bitcoin and Ethereum in June prompted Derive.xyz traders to make arrangements this month, expecting a significant market breakthrough. Data shows that the 30-day implied volatility is on a downward trend, with Bitcoin's implied volatility falling from 44% to 36% and Ethereum's from 68% to 60%. Dawson pointed out that traders have made arrangements in advance. Although the market fell back when the situation in the Middle East escalated in June, the volatility surged briefly, indicating that the market bet on the conflict's limited impact and traders accurately predicted that the conflict was controllable. Looking ahead, the platform believes that Bitcoin and Ethereum may be bullish this month and in the third quarter, but is more optimistic about Ethereum's volatility potential. Derive's probability engine shows that the probability of Bitcoin breaking through $130,000 by the end of August is only 10%, but traders are focusing on this price. However, nearly 80% of Ethereum July expiration options on the Derive platform are bullish above $3,000. Dawson believes that Robinhood’s related plans may help Ethereum break through. Traders are betting that there will be big moves in the market in July, and all eyes are on the development of multiple factors.