Essential for Bitcoin investment, preview of this week's major events (10/21-10/27)

This week, the voices of Federal Reserve officials have obviously decreased, and the IMF-World Bank Annual Meeting is also worth knowing, but the market's expectations for the next rate cut are relatively unified, and this information has limited impact on the market.

The election is approaching, and Polymarket currently shows that Trump's approval rating is as high as 60%. According to the current progress, Harris's chances of winning will become smaller and smaller in the next ten days. However, the election is still very uncertain, and the IV of election cycle options is still relatively strong.

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This week's major events:

Monday, October 21

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Logan, 2026 FOMC voting member and President of the Federal Reserve Bank of Dallas, at the 2024 Securities Industry and Financial Markets Association (SIFMA) Annual Meeting (21:00)

Tuesday, October 22

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Schmid, 2025 FOMC voting member and President of the Federal Reserve Bank of Kansas City, spoke on the economic and monetary policy outlook (05:00)

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IMF released the Global Economic Outlook report (21:00)

Wednesday, October 23

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The Bank of Canada released its interest rate decision and monetary policy report (21:45)

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ECB President Lagarde spoke on the European economic outlook (22:00)

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IMF-World Bank Annual Meetings held

10/24 Thursday

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BoJ Governor Kazuo Ueda speaks at the "Governors' Meeting" hosted by the IMF (04:00)

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Federal Reserve releases Beige Book on economic conditions (02:00)

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U.S. initial jobless claims for the week (20:30)

10/25 Friday

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U.S. University of Michigan Consumer Confidence Index final value for October (22:00)

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Crypto market outlook:

The crypto market quietly returned to around $70,000 in October. It has failed to hit new highs many times this year. I wonder if this round of the U.S. election will be an opportunity for a breakthrough. Currently, the IV of the main term of Bitcoin is at a medium level, and the IV before and after the election is stable at 55%. This week is a good opportunity to lay out some medium- and long-term bullish positions.

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In terms of the crypto interest rate market, the Bitfinex interest rate market has been relatively stable recently, with occasional high-interest orders of 20%. If you encounter a suitable interest rate order, you can actively trade it, especially when there is a market, it is worth paying special attention.