A Sneak Peek at This Week's Big Events (7/1-7/7)
Bitcoin Investing Essentials
This week is a big macro week, centred on Friday's U.S. unemployment and non-farm payrolls data, and the macro market, which has been dormant for days, is making a comeback, with important macro events on every working day.
On the crypto, there is a high probability that the SEC will give a response to the ETH ETF this week.
Quarterly delivery has just ended and IVs are low for all major terms, a good opportunity to open a position.
🌟 Heavyweight events this week:
7/1 Monday *
đź’Ľ US June ISM Manufacturing PMI
7/2 Tuesday *
đź’Ľ US June ISM Manufacturing PMI
đź’Ľ Fed Chair Powell, ECB President Lagarde and Brazilian Central Bank President Neto speak at the Central Bank Forum held at the ECB.
đź’Ľ The Reserve of Australia releases minutes of its June monetary policy meeting
7/3 Wednesday **
đź’Ľ US ADP employment for June
đź’Ľ US initial jobless claims for the week
7/4 Thursday **
đź’Ľ Fed releases minutes of its monetary policy meeting
đź’Ľ UK holds a general election
đź’Ľ ECB publishes minutes of June monetary policy meeting
đź’Ľ US SEC may approve Ether Spot ETF as early as today
7/5 Friday***
đź’Ľ US unemployment rate for June
đź’Ľ US non-farm payrolls for June
đź“Ś Crypto Market Outlook:
The cryptocurrency market has had a rough month, with BTC and ETH spending most of the year in a shock decline since entering a correction in mid-March, with the crypto market being more subdued. Currently the overall IV is at a lower level, the margin released from the big quarterly delivery will gradually come back to the market, choose the lower IV at the right time and you can build a buy order.
đź“Ś crypto interest rate market, Bitfinex interest rate market is relatively quiet, occasionally good interest rate orders, encounter the right interest rate orders can be actively traded.
This week is a big macro week, centred on Friday's U.S. unemployment and non-farm payrolls data, and the macro market, which has been dormant for days, is making a comeback, with important macro events on every working day.
On the crypto, there is a high probability that the SEC will give a response to the ETH ETF this week.
Quarterly delivery has just ended and IVs are low for all major terms, a good opportunity to open a position.
🌟 Heavyweight events this week:
7/1 Monday *
đź’Ľ US June ISM Manufacturing PMI
7/2 Tuesday *
đź’Ľ US June ISM Manufacturing PMI
đź’Ľ Fed Chair Powell, ECB President Lagarde and Brazilian Central Bank President Neto speak at the Central Bank Forum held at the ECB.
đź’Ľ The Reserve of Australia releases minutes of its June monetary policy meeting
7/3 Wednesday **
đź’Ľ US ADP employment for June
đź’Ľ US initial jobless claims for the week
7/4 Thursday **
đź’Ľ Fed releases minutes of its monetary policy meeting
đź’Ľ UK holds a general election
đź’Ľ ECB publishes minutes of June monetary policy meeting
đź’Ľ US SEC may approve Ether Spot ETF as early as today
7/5 Friday***
đź’Ľ US unemployment rate for June
đź’Ľ US non-farm payrolls for June
đź“Ś Crypto Market Outlook:
The cryptocurrency market has had a rough month, with BTC and ETH spending most of the year in a shock decline since entering a correction in mid-March, with the crypto market being more subdued. Currently the overall IV is at a lower level, the margin released from the big quarterly delivery will gradually come back to the market, choose the lower IV at the right time and you can build a buy order.
đź“Ś crypto interest rate market, Bitfinex interest rate market is relatively quiet, occasionally good interest rate orders, encounter the right interest rate orders can be actively traded.
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.