Yesterday (27 MAR) Fed Waller delivered a hawkish speech after the market closed, stating that there is currently no sign of an urgent need to cut interest rates. The current interest rate level may be maintained for longer than expected, and the number of interest rate cuts may be reduced this year. At the same time, he also said that he hopes to see The inflation data will improve for at least a few months before interest rates are cut. Tonight's core PCE data will be the first important inflation data after this speech, and it will be seen whether the month-on-month inflation data can slow down to below 0.3% as the market expects. Show a good transformation.
Source: SignalPlus, Economic Calendar
Source: SignalPlus & TradingView
The digital currency experienced a fluctuation shortly after the U.S. stock market opened. The price of BTC once touched the $72,000 mark and then quickly fell to around 68,500. The reasons for this fluctuation may include the U.S. District Judge ruling that the SEC’s lawsuit against Coinbase can continue. causing its share price to fall and putting pressure on BTC prices at the same time. But then the price rebounded steadily to recover all the losses, and returned to above $70,000, boosting market confidence. It can be seen from the options data that although the Vol Surface did not change significantly, most of the transaction records of BTC and ETH showed Long Call/Call Spread and Short Put/Put Spread strategies with unified direction, such as BTC 26 APR 24 70000/85000 Call Spread (850 BTC per leg) and Sell ETH 26 APR 24 2800 Put (11237 ETH from Deribit)
Source: Deribit (as of 28 MAR 16:00 UTC+ 8)
Source: SignalPlus
Data Source: Deribit, ETH transaction distribution
Data Source: Deribit, BTC transaction distribution
Source: Deribit Block Trade
Source: Deribit Block Trade
