Bitcoin Investing Essentials, A Sneak Peek at This Week's Bigges
The most important macro data this week is Thursday's CPI data, but of even greater concern is the concentration of Fed officials speaking out this week. Basically every day there are more than four speeches by Fed officials, and these speeches have a very obvious expected moderating effect on the future expectations of the Fed's rate cuts.
Now the market for the next interest rate meeting is expected to continue to decline, the market needs more information to make choices, the U.S. stock market is also worthy of attention.
This week's heavyweight events:
10/7 Monday
FTX plans to allocate $230 million to compensate preferred shareholders, restructuring plan confirmation hearing
10/8 Tuesday
Australian Federal Reserve releases minutes of September monetary policy meeting (08:30)
Several Fed officials speak
10/9 Wednesday
New Zealand Fed announces interest rate resolution and monetary policy assessment report (09:00)
A number of FOMC voting members deliver speeches
10/10 Thursday
Fed releases minutes of its monetary policy meeting (02:00)
US Initial Jobless Claims for the Week (20:30)
US September CPI (20:30)
A number of Federal Reserve officials to deliver speeches
10/11 Friday
A number of FOMC Voting Committee members deliver speeches
Crypto Market Outlook:
The crypto market is still in shock going into October, the hotspot attention is now on A-shares and the Fed, this wave of sentiment past may be the turn of the coin market. Major term IVs are at moderate levels and it is a good opportunity to start laying out some medium to long term calls this week.
Crypto interest rate market, Bitfinex interest rate market has been relatively stable recently, with occasional 20% high-interest orders, encountering suitable interest rate orders can be actively traded, especially when there is a market worthy of special attention.
Now the market for the next interest rate meeting is expected to continue to decline, the market needs more information to make choices, the U.S. stock market is also worthy of attention.
This week's heavyweight events:
10/7 Monday
FTX plans to allocate $230 million to compensate preferred shareholders, restructuring plan confirmation hearing
10/8 Tuesday
Australian Federal Reserve releases minutes of September monetary policy meeting (08:30)
Several Fed officials speak
10/9 Wednesday
New Zealand Fed announces interest rate resolution and monetary policy assessment report (09:00)
A number of FOMC voting members deliver speeches
10/10 Thursday
Fed releases minutes of its monetary policy meeting (02:00)
US Initial Jobless Claims for the Week (20:30)
US September CPI (20:30)
A number of Federal Reserve officials to deliver speeches
10/11 Friday
A number of FOMC Voting Committee members deliver speeches
Crypto Market Outlook:
The crypto market is still in shock going into October, the hotspot attention is now on A-shares and the Fed, this wave of sentiment past may be the turn of the coin market. Major term IVs are at moderate levels and it is a good opportunity to start laying out some medium to long term calls this week.
Crypto interest rate market, Bitfinex interest rate market has been relatively stable recently, with occasional 20% high-interest orders, encountering suitable interest rate orders can be actively traded, especially when there is a market worthy of special attention.
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