🌍 This Week's Market Outlook (12/25-12/31):
📌 This week the major trading markets are on Christmas vacation and market activity will be down even though the cryptocurrency market is a 365*24 non-rest market. There are hardly any macro events this week and no major cryptocurrency-related events, except for the steadily updating U.S. unemployment figures. Coin's upcoming end of BUSD withdrawals and the end of a generation of important stablecoins is considered the only landmark event at the end of the year, but it can be said to have no impact on the market.
📌 This Friday is the annual delivery day, with nearly half of the options positions facing delivery, no doubt releasing huge amounts of margin, which will put huge pressure on IVs. Currently options IV after mid-January are still at high levels and are under the most pressure, and could face a more significant decline around delivery. It would be more cost-effective to sell Convex Positions in the short term or add some timing to the sell.
📌 In terms of the crypto interest rate market, the recent Inscription hotspot continues, the interest rate market still maintains high levels, but the demand for high interest borrowing is now declining, and investors are advised to seize the opportunity to lend if faced with the demand for higher interest borrowing.
12/27 Wednesday *
🎤 BOJ publishes a summary of the opinions of the reviewing members of the December monetary policy meeting
12/28 Thursday ***
💼 U.S. initial jobless claims for the week
📌 Good luck with your investments!
📌 This week the major trading markets are on Christmas vacation and market activity will be down even though the cryptocurrency market is a 365*24 non-rest market. There are hardly any macro events this week and no major cryptocurrency-related events, except for the steadily updating U.S. unemployment figures. Coin's upcoming end of BUSD withdrawals and the end of a generation of important stablecoins is considered the only landmark event at the end of the year, but it can be said to have no impact on the market.
📌 This Friday is the annual delivery day, with nearly half of the options positions facing delivery, no doubt releasing huge amounts of margin, which will put huge pressure on IVs. Currently options IV after mid-January are still at high levels and are under the most pressure, and could face a more significant decline around delivery. It would be more cost-effective to sell Convex Positions in the short term or add some timing to the sell.
📌 In terms of the crypto interest rate market, the recent Inscription hotspot continues, the interest rate market still maintains high levels, but the demand for high interest borrowing is now declining, and investors are advised to seize the opportunity to lend if faced with the demand for higher interest borrowing.
12/27 Wednesday *
🎤 BOJ publishes a summary of the opinions of the reviewing members of the December monetary policy meeting
12/28 Thursday ***
💼 U.S. initial jobless claims for the week
📌 Good luck with your investments!