Bitcoin Investing Essentials(8/12-8/18) A Sneak Peek at This Week's Big Events (8/12-8/18)
After a week of adjustment, the market has come out of the blow of the Bank of Japan's interest rate hike. Recent dovish comments from the Bank of Japan have also given the market confidence, and despite the constant stream of negative market news, sentiment is more optimistic this week.
This week's macro focus returned to the U.S. economic data, the probability of a rate hike in September continues to rise, also gave the market some confidence. If this week's data gives the market another rate hike confidence, the rally will continue.
🌟 Heavyweight events this week:
8/13 Tue.
💼 Trump's heavyweight interview with Musk
💼 US PPI for July
8/14 Wed.
💼 US CPI for July
💼 New Zealand Fed rate decision
8/15 Thu.
💼 US initial jobless claims for the week
💼U.S. monthly retail sales for July
💼 2025 FOMC Voter and St. Louis Fed President Mussallem speaks on the U.S. economy and monetary policy
8/16 Fri.
💼2024 FOMC Voter and Richmond Fed President Balkin participates in a fireside chat
💼US Democrats launch "Crypto for Harris" campaign against Trump
📌 Crypto Market Outlook:
Market confidence has been mostly restored after a week of panic release, so IVs for all major terms have fallen back compared to last week, and IVs are now relatively at high levels, with downward pressure still evident this week. The cryptocurrency market still maintains the wide oscillator trend formed since March, in which ETH is more sluggish and the exchange rate fell sharply. Timing and choosing the right IV can be a good option to buy short-term call options and construct a counter-calendar spread.
📌 crypto interest rate market, Bitfinex interest rate market occasionally good interest rate orders, encountering the right interest rate orders can be actively traded, especially when there is a market worthy of special attention.