ChainCatcher news: Greeks.live macro researcher Adam posted on the X platform that this week is a big macro week, with the core being the US unemployment rate and non-farm data on Friday. The macro market, which has been silent for many days, has made a comeback, and there are important macro events every weekday.

In terms of encryption, the SEC is likely to respond to the ETH ETF this week. Although it is unlikely to be directly approved, there is a high probability of good news. The quarterly delivery has just ended, and the IV of each major term is very low, which is a good opportunity to build a position.

Regarding the outlook for the crypto market, the cryptocurrency market has experienced a difficult month. Since the mid-March of this year, BTC and ETH have been fluctuating and falling most of the time, and the crypto market is relatively sluggish. At present, the overall IV is at a low level, and the margin released by the quarterly large delivery will gradually return to the market.

Regarding the crypto interest rate market, the Bitfinex interest rate market is relatively quiet, with occasional good interest rate orders. If you encounter a suitable interest rate order, you can actively trade it.

This week's major events:

7/1 Monday

  • US June ISM Manufacturing PMI

Tuesday 7/2

  • Federal Reserve Chairman Powell, European Central Bank President Lagarde and Brazilian Central Bank President Neto spoke at the Central Bank Forum held by the European Central Bank.

  • The Reserve Bank of Australia released the minutes of its June monetary policy meeting

Wednesday 7/3

  • US ADP employment data for June

  • U.S. weekly jobless claims

Thursday 7/4

  • Federal Reserve releases minutes of monetary policy meeting

  • UK general election

  • ECB releases minutes of June monetary policy meeting

  • The US SEC may approve Ethereum spot ETF as early as today

7/5 Friday

  • U.S. unemployment rate in June

  • US non-farm payrolls for June