Adam@Greeks.live: Big news of the week
A must-have for Bitcoin investment, take a sneak peek at this week’s major events (5/20-5/26)
There are many macro-related talks this week, but overall it does not affect the macro market. The international situation is more worthy of attention. The correlation between Bitcoin and precious metals deserves additional attention. There are few events related to the currency circle. The volatility of the crypto market has dropped significantly recently. There has been a small inflow of ETF funds. The bulk transaction data is still worthy of attention.
🌟 Biggest events this week:
5/21 Tuesday * 💼 Multiple important macro-related talks 5/22 Wednesday * 💼 New Zealand Federal Reserve interest rate decision
5/23 Thursday ** 📝 The Federal Reserve releases the minutes of its monetary policy meeting
💼 The number of people filing for unemployment benefits in the United States this week
💼US SEC to make decision on VanEck Ethereum Spot ETF
5/24 Friday
* 💼 Final value of the University of Michigan Consumer Confidence Index in May
5/25 Saturday * 🔔G7 Finance Ministers and Central Bank Governors held a meeting
📌Crypto market outlook: The Meme trend in the U.S. stock market is booming, and Bitcoin has rebounded with the inflow of ETFs. However, the entire cryptocurrency market is still experiencing a deep correction. After April became the month with the deepest correction in the past year, May is also likely to happen. Ending in a bear market, the market volatility is expected to be low, and the IV downward trend turns sideways. In the short term, you can choose a term and price with a lower IV, and purchase options appropriately, which is very cost-effective.
📌In the crypto interest rate market, major Bitfinex spot investors have begun to continue to buy lows. In the Greenleaf interest rate market, you can often encounter orders with an annual interest rate of 20%. You can actively close orders when you encounter a suitable interest rate. You may be surprised by using the high-profit model.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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