Odaily Planet Daily News Greeks.live Macro Researcher Adam said that the Bank of Canada has just announced a 25 basis point rate cut, which is in line with market expectations. The U.S. stock market continued to fall at the opening, and the leading Nvidia has fallen 20% in a week. The crypto market has also been falling recently due to the drag of the macro and U.S. stock markets, so the employment data in the next two days are worth paying attention to. If the economic data is weak, then the possibility of a 50 basis point rate cut by the Federal Reserve this month will be put on the table, which is conducive to the stop of the decline of U.S. stocks and cryptocurrencies. However, judging from the options data, except for the U.S. election week, the implied volatility of other maturities is relatively stable. The whales in the crypto market have not bet on large fluctuations this month, and it is generally believed that the market will be relatively stable.