According to Wu, Greeks.live said that the most important macro data this week is the unemployment rate and non-farm data on Friday. Compared with the A-share market, the US stock market is much inferior, but the cryptocurrency market is more related to the US stock market.
The only connection between A-shares and cryptocurrencies is that some people withdraw funds to invest in stocks, causing the price of USDT to fall. Currently, market confidence has recovered and the market is still in the bottoming stage.
The crypto market has entered a volatile phase, quarterly delivery has ended, and the IV of major maturities is at a low level. There is still great downward pressure this week. Historically, the market in October is generally better.
