This week is an important macro week, with a number of major central banks, represented by the Fed's interest rate decision, set to announce interest rate decisions. Despite the general market expectation of consensus, the rate outcome and related central bank statements are still noteworthy. With strong economic data from the U.S., the odds are that this outcome will be unchanged, while the impact of the NVIDIA AI conference on U.S. stocks will instead be more important.The BTC ETF is completely leading the crypto trend, and despite falling into a pullback last week, the bull base remains strong.
3/18 Monday *
⚒ CME launches euro-denominated bitcoin and ethereum futures
📗 NVIDIA AI Conference GTC
Tuesday 3/19 *
💼 Bank of Japan announces interest rate
💼Reserve of Australia announces interest rate
3/20 Wednesday *
🎯 ECB President Lagarde delivers a speech
3/21 Thursday ***
💼 Fed interest rate
💼 U.S. initial jobless claims for the week
💼 Bank of England interest rate
📌 BTC was caught in a pullback last week, driving the overall market weaker, with BTC Dvol falling back to 75%, while market sentiment calmed down a bit with Meme's big outburst and quick flameout, and the market IV probably won't be hitting record highs anytime soon. The cost of buying options has come down and is still a higher profit/loss option compared to futures.
📌 In the crypto interest rate market, the spot big players are gradually reducing their leverage, the green leaf interest rate market is more sluggish, and it is recommended to hold previous higher interest rate orders untouched in the near future.
3/18 Monday *
⚒ CME launches euro-denominated bitcoin and ethereum futures
📗 NVIDIA AI Conference GTC
Tuesday 3/19 *
💼 Bank of Japan announces interest rate
💼Reserve of Australia announces interest rate
3/20 Wednesday *
🎯 ECB President Lagarde delivers a speech
3/21 Thursday ***
💼 Fed interest rate
💼 U.S. initial jobless claims for the week
💼 Bank of England interest rate
📌 BTC was caught in a pullback last week, driving the overall market weaker, with BTC Dvol falling back to 75%, while market sentiment calmed down a bit with Meme's big outburst and quick flameout, and the market IV probably won't be hitting record highs anytime soon. The cost of buying options has come down and is still a higher profit/loss option compared to futures.
📌 In the crypto interest rate market, the spot big players are gradually reducing their leverage, the green leaf interest rate market is more sluggish, and it is recommended to hold previous higher interest rate orders untouched in the near future.