A must-have for Bitcoin investment, a sneak preview of this week’s major events, and an outlook on market trends

🌍（3/4-3/10）

This week is a big macro week. The U.S. unemployment rate data and some major central bank interest rate decisions are worth noting. The main crypto-related events are that the SEC will apply for a resolution on the Fidelity Ethereum Spot ETF, but the possibility of passing it is extremely small. The market now agrees that impossible.

At present, the spot buyers in the mainstream currency market are still very strong, and they are very expected to reach new highs this week. At the same time, derivatives data became increasingly active last week, and the market leverage level gradually increased. The strong spot bull market has driven market sentiment, and there is a greater expectation of an acceleration in the upward trend.

3/5 Tuesday *

🔎The U.S. SEC will make a decision on Fidelity’s Ethereum spot ETF application

3/6 Wednesday *

💼U.S. ADP employment numbers in February

💼Bank of Canada interest rate decision

Thursday 3/7 **

💼European Central Bank main refinancing rate

💼The number of people filing for unemployment benefits in the United States this week

🗒The Federal Reserve releases the Beige Book of Economic Conditions

3/8 Friday ***

💼U.S. Unemployment Rate in February

💼U.S. non-farm payrolls in February after seasonal adjustment

📌BTC is now in the spot bull market, which is gradually driving the derivatives bull market. The main term option IV of BTC has returned to more than 70%. It has now returned to the high level before the FTX thunderstorm, far exceeding last year's average level. Buying short- and medium-term options is still an option with a higher profit-loss ratio. If you are bullish, you can choose the end of the month, while if you are bearish, you can choose the short-term option of the week.

📌In terms of the crypto interest rate market, the market has recently resumed activity, but the Greenleaf interest rate market is relatively sluggish. It is recommended to hold orders with previously higher interest rates unchanged in the near future.