A must-have for Bitcoin investment, a sneak peek at this week's major events (7/8-7/14)
This week is a small macro week. The impact of the German and American governments' selling of cryptocurrencies on the market has overwhelmed other factors. If the selling continues, it will be difficult for the market to improve effectively. This week, we need to keep a close eye on the actions of the German and American governments.
In terms of encryption, the SEC has postponed the response of the ETH ETF, and trading will start as early as next week. There is a high probability of good news this week.
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This week's major events:
Monday, July 8 *
The SEC has returned the S-1 form to the Ethereum ETF issuer and required it to be resubmitted before July 8
Tuesday, July 9 *
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Fed Chairman Powell delivered semi-annual monetary policy testimony to the Senate Banking Committee
Wednesday, July 10 *
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The Reserve Bank of New Zealand announced its interest rate decision and monetary policy assessment report
Thursday, July 11 ***
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US June CPI
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US initial jobless claims for the week
Friday, July 12 *
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US June PPI
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Crypto market outlook:
The cryptocurrency market is experiencing its worst July. Under the huge pressure of the German and American governments' selling, the decline of BTC and ETH has begun to accelerate, and the crypto market is relatively sluggish. At present, the overall IV level has rebounded significantly. If you choose a higher IV at the right time, you can open a sell order. A large amount of funds for quarterly delivery will smash the IV back at any time.
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In terms of 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. #非农就业数据 #币圈超话 #区块链超话 #比特币