What Bitcoin investors must know! Know all about this week’s key events (11/25 - 12/1)
Thanksgiving is coming this week, and major economic events and data are mainly concentrated on the Wednesday before Thanksgiving. It should be noted that the U.S. stock market is closed on Thursday and Friday, and the recent market fluctuations of crypto-related U.S. stocks are significant. It is closely related to the crypto market and deserves close attention.
🌟 This week’s major events not to be missed are as follows:
11/27 Wednesday
💼 The Federal Reserve will release the minutes of its November monetary policy meeting at 03:00 AM
💼 RBNZ interest rate decision announced at 09:00
💼 The number of people filing for unemployment benefits in the United States this week will be announced at 21:30
💼 The annual rate of the US core PCE price index in October will be released at 23:00
11/28 Thursday
🦃 During Thanksgiving, the market rhythm may change
📌 Crypto market outlook:
Bitcoin is just a hair’s breadth away from $100,000, as if it’s just a push away. ETH rebounded strongly last week, successfully driving the collective rise of altcoins, and the hot spots in the encryption market are quietly turning from Meme back to the main market. Although there was a slight correction over the weekend, the market has strong endurance, and the bulls have an absolute advantage in the spot bull market and are coming fiercely.
The performance of the options market is relatively stable, with large transactions and market interest rates being the focus.
The current IV of the main maturities is at a low level. At this time, it is quite cost-effective to place some medium and forward options. Given that the current bull market is booming, it is undoubtedly an excellent opportunity to purchase options.
📌 In terms of the crypto interest rate market, the Bitfinex interest rate market has been relatively stable recently. If you encounter a suitable interest rate order, you may wish to actively seize it. When the market fluctuates, it is not to be missed, so you need to pay special attention.
