Bitcoin investment must-have(11/4-11/10)
This week is the U.S. election week, now the U.S. election uncertainty is very big, nearly a month since Trump's voice is very high, but the election process Harris's victory is gradually rising, the U.S. election has a major impact on the whole market, and there is also the interest rate meeting on Friday, the cryptocurrency market at present to watch and avoid the risk.
Option ATM IV has risen to 80% this week, and with all of this month's option IVs significantly higher than forward options, the next few days could be big.
🌟 Heavyweight events this week:
Tuesday 11/5
💼 Reserve of Australia announces interest rate resolution and monetary policy statement (11:30)
🌟 US holds 2024 presidential election
11/6 Wednesday
💼 Bank of Canada publishes monetary policy meeting minutes (02:30)
💼 U.S. Treasury announces debt issuance program for the new quarter (21:30)
11/7 Thursday
💼 Bank of England announces interest rate resolution and minutes (20:00)
💼 US initial jobless claims for the week (20:30)
11/8 Friday
💼 Fed announces interest rate resolution (03:00)
📌 Crypto Market Outlook:
This week is the U.S. election week, now the election is burning, who will win is not yet known, and Friday's interest rate meeting, the market is generally believed to be a 25 basis point rate cut, this week's option parity IV has risen to 80%, cryptocurrency risk aversion is obvious. With Bitcoin's short-term term IV currently at high levels, it would be interesting to get in on a bit of election gaming this week.
📌 As for the crypto rate market, the Bitfinex rate market has been relatively flat lately, with occasional 20% high-interest orders, and it is worthwhile to actively transact when you come across the right rate order, especially when there is a market for it, which deserves special attention.
Option ATM IV has risen to 80% this week, and with all of this month's option IVs significantly higher than forward options, the next few days could be big.
🌟 Heavyweight events this week:
Tuesday 11/5
💼 Reserve of Australia announces interest rate resolution and monetary policy statement (11:30)
🌟 US holds 2024 presidential election
11/6 Wednesday
💼 Bank of Canada publishes monetary policy meeting minutes (02:30)
💼 U.S. Treasury announces debt issuance program for the new quarter (21:30)
11/7 Thursday
💼 Bank of England announces interest rate resolution and minutes (20:00)
💼 US initial jobless claims for the week (20:30)
11/8 Friday
💼 Fed announces interest rate resolution (03:00)
📌 Crypto Market Outlook:
This week is the U.S. election week, now the election is burning, who will win is not yet known, and Friday's interest rate meeting, the market is generally believed to be a 25 basis point rate cut, this week's option parity IV has risen to 80%, cryptocurrency risk aversion is obvious. With Bitcoin's short-term term IV currently at high levels, it would be interesting to get in on a bit of election gaming this week.
📌 As for the crypto rate market, the Bitfinex rate market has been relatively flat lately, with occasional 20% high-interest orders, and it is worthwhile to actively transact when you come across the right rate order, especially when there is a market for it, which deserves special attention.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.