There are fewer important macro events and crypto-related events this week. Last week was a big news week and crypto did fluctuate significantly, crypto is now affected by all types of news the nature of the impact is still evident. There are multiple macro related news this week, but the impact is limited, and unsurprisingly the Fed has maintained current rates in recent months.
Heavyweight events this week:
5/7 Tuesday*
Australian Federal Reserve rate decision
Multiple FOMC Voting Committee speeches
5/8 Wednesday
Fed Vice Chairman Jefferson speaks on the economy
5/9 Thursday **
U.S. 10-year Treasury auction
US initial jobless claims for the week
Bank of England interest rate decision
5/10 Friday *
University of Michigan consumer confidence index
Fed Governor Bowman speaks on financial stability risks
Crypto Market Outlook:
The entire cryptocurrency market went on a V-shaped reversal last week, with April becoming the deepest month of the pullback in almost a year. Dvol has bounced back, with short-term IV now stabilizing at 55%, which is in line with our judgement last week that near-term major term options IV will gradually move towards a stabilized state of 55%-60%. In the short term, you can choose a lower IV term and price and continue to buy options at a good value.
In the crypto interest rate market, Bitfinex spot large investors began to continue to bottom out, the BFX interest rate market can often be encountered in the 20% annualized interest rate orders, encountering the right interest rate orders can be actively transacted, the use of high-interest mode may be a surprise.
Heavyweight events this week:
5/7 Tuesday*
Australian Federal Reserve rate decision
Multiple FOMC Voting Committee speeches
5/8 Wednesday
Fed Vice Chairman Jefferson speaks on the economy
5/9 Thursday **
U.S. 10-year Treasury auction
US initial jobless claims for the week
Bank of England interest rate decision
5/10 Friday *
University of Michigan consumer confidence index
Fed Governor Bowman speaks on financial stability risks
Crypto Market Outlook:
The entire cryptocurrency market went on a V-shaped reversal last week, with April becoming the deepest month of the pullback in almost a year. Dvol has bounced back, with short-term IV now stabilizing at 55%, which is in line with our judgement last week that near-term major term options IV will gradually move towards a stabilized state of 55%-60%. In the short term, you can choose a lower IV term and price and continue to buy options at a good value.
In the crypto interest rate market, Bitfinex spot large investors began to continue to bottom out, the BFX interest rate market can often be encountered in the 20% annualized interest rate orders, encountering the right interest rate orders can be actively transacted, the use of high-interest mode may be a surprise.