$BTC Bitcoin investment essentials, this week's major events preview (12/2-12/8)
Thanksgiving has passed, and American strength is about to recover. If the ETF maintains its inflow trend, it is expected to break $100,000 before the end of the year. This week there are important data on non-farm payrolls and unemployment rates, and both ETFs and crypto-related US stocks are worth paying attention to.
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Major events this week:
12/2 Monday
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The Federal Reserve releases the minutes of the November monetary policy meeting (23:00)
US November ISM Manufacturing PMI
12/4 Wednesday
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US November ADP Employment Change (21:15)
12/5 Thursday
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The Federal Reserve publishes the Economic Conditions Beige Book (03:00)
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US Initial Jobless Claims for the week (21:30)
12/6 Friday
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US November Unemployment Rate (21:30)
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US November Non-Farm Payrolls (21:30)
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Crypto market outlook:
Bitcoin has adjusted at $100,000 for several days, Ethereum took over with a significant rebound last week, altcoins are rising across the board, and Memes are gradually cooling off. A new high for Ethereum is imminent, with strong market inflows, bulls are very strong in the spot bull market.
The options market is relatively stable, with block trades and market rates worth paying attention to. Currently, the implied volatility for major maturities is at a low level, and it is a good time to buy options as the bull market is in full swing.