According to ChainCatcher, Greeks.live macro researcher Adam posted on the X platform that the top macro events to watch this week are the US unemployment rate and non-farm data on Friday. The approval of the ETH ETF should be as early as the end of this month. Investors need to pay attention to relevant news. The IV is currently declining rapidly, and the expected volatility is small. However, once the news of the ETF's approval is exposed, OTC funds will quickly push up the ETH price.
The volatility caused by the ETH ETF has completely subsided, the market has returned to sideways, and ETH still leads the entire cryptocurrency market. The market's volatility expectations are low, and the IVs of major maturities continue to fall. Only the ETH IV for the month is slightly higher, mainly due to the expectation of ETF approval at the end of this month.
In the crypto interest rate market, Bitfinex spot traders have started to continuously buy at the bottom. In the green leaf interest rate market, orders with an annualized interest rate of 20% are often encountered. If you encounter an order with a suitable interest rate, you can actively trade it. Using the high-interest model may bring you surprises. #Velocore漏洞事件
#This week’s big events:
Wednesday 6/5
US ADP employment data for May
Bank of Canada interest rate decision
FTX Creditors Committee: The restructuring plan and disclosure statement are being evaluated. Objections to the disclosure statement must be submitted before June 5
Thursday, June 6
The main refinancing rate of the European Central Bank in the euro area
U.S. weekly jobless claims
Friday, June 7
U.S. unemployment rate in May
U.S. non-farm payrolls in May
#ETH #美国4月核心PCE指标显示通胀放缓 #现货以太坊ETF获美SEC批准 #Velocore漏洞事件 #BTC金LTC银