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Bitcoin Investment Essentials, A Sneak Peek at This Week

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BITSTAMP:BTCUSD   Bitcoin
This week, there are more macro events and cryptocurrency circle related events, the most concerned thing is Cz's judgment, which is a very huge reference for the follow-up of the U.S. regulation of the cryptocurrency circle. Another cryptocurrency related event is the Hong Kong spot ETF, Hong Kong as a major financial market can bring a certain amount of incremental capital to the cryptocurrency circle. Macro, this Thursday morning, the Federal Reserve announced the interest rate decision, no surprise that in recent months the Fed will maintain the current interest rate, the market is almost no dispute, but the macro data is still worth paying attention to, and the recent ETF capital flow is very noteworthy.

๐ŸŒŸ Heavyweight events this week:

Tuesday 4/30 *
๐Ÿ’ผ Bosera HashKey, Huaxia, and Harvest Bitcoin and Ethereum ETFs begin listing on the Hong Kong Stock Exchange
๐Ÿ’ผ U.S. Prosecutors Seek 36 Months in Prison for Zhao Changpeng, Sentencing Set for Today

5/1 Wednesday **
๐Ÿ’ผ U.S. ADP employment for April
๐Ÿ’ผ U.S. April ISM Manufacturing PMI
๐Ÿ”” U.S. Treasury Secretary Yellen speaks
๐Ÿ’ผ U.S. Treasury refinancing announcement

5/2 Thursday ***
๐Ÿ“ Fed interest rate decision
๐Ÿ’ผ U.S. initial jobless claims for the week

5/3 Friday **
๐Ÿ’ผ US Unemployment Rate for April
๐Ÿ’ผ U.S. non-farm payrolls, quarterly adjusted, for April

5/4 Saturday *
๐Ÿ”” Warren Buffett's shareholder meeting takes place

๐Ÿ“Œ Crypto Market Outlook:
Bitcoin and the cryptocurrency market as a whole is still experiencing a deep pullback, with April becoming the deepest month of pullback in almost a year, Dvol fell straight from 74% to 55% this week, volatility expectations in the market are dropping extremely fast, which suggests that the market is turning from hot to cold very quickly, and that the empty vega trading strategy mentioned in the previous weeks can be profitably closed. Short term one can choose IV lower term and price and start buying options properly, cost effective now.

๐Ÿ“Œ crypto interest rate market, Bitfinex spot large investors began to continue to bottom out, the green leaf interest rate market can often be encountered in the 20% annualized interest rate orders, encountered the right interest rate orders can be actively transacted, the use of high-interest mode may be a surprise

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