According to ChainCatcher, Greeks.live analyst Adam YuX wrote that this week's macro events are of average importance. The German and American governments have stopped selling cryptocurrencies, and cryptocurrencies have rebounded immediately, and market sentiment has effectively improved. In terms of encryption, the SEC should respond to the ETH ETF this week, but there is no effective news yet, and the market's enthusiasm for ETFs has obviously decreased.

The cryptocurrency market experienced its worst July. Under the huge pressure of the German government's sell-off, BTC and ETH fell sharply, but as the German government's sell-off was completed, cryptocurrencies also rebounded significantly. Stimulated by the rebound and Trump's assassination, the overall IV level has rebounded, but it is suppressed by a large amount of funds for quarterly delivery, and only the short-term IV rebound is obvious.

This week's major events:

7/15 Monday*

US President Biden delivers a national televised address

7/16 Tuesday*

U.S. retail sales monthly rate in June

Wednesday, July 17*

Several Federal Reserve Board members delivered speeches

Thursday, July 18*

ECB main refinancing rate
U.S. weekly jobless claims
Federal Reserve releases Beige Book on economic conditions

7/12 Friday*

Several FOMC members spoke