A must for investment, a sneak peek at this week's important events (6/9-6/15)
The most important macro data this week is the CPI on Wednesday, while there are more crypto-related deliberations on Tuesday, and also the U.S.-China economic and trade consultations are set to begin on Tuesday, making these two days more noteworthy. The ongoing standoff between Trump and Musk is also an event to watch, with both being crypto-friendly influencers.
🌟 Heavyweight events this week:
6/9 Mon.
💼 SEC roundtable on “DeFi and the American Spirit”
6/10 Tuesday
💼The first meeting of the U.S.-China Economic and Trade Consultation Mechanism
💼U.S. House Consideration of Crypto Market Structure Bill
💼 SEC Delays Decision on Litecoin Spot ETF Application Filed by Canary Capital, Reply Due June 10th
💼Strategy to Raise About $1 Billion Through Preferred Stock Offering to Increase Bitcoin Holdings
6/11 Wednesday
💼US May CPI (20:30)
6/12 Thursday
💼 US PPI for May (20:30)
💼 US Initial Jobless Claims for the Week (20:30)
6/13 Friday
💼 Fed releases Quarterly U.S. Financial Accounts Report (00:30)
Outlook for the week:
BTC short- and medium-term implied volatility has generally fallen below 40%, ETH is mainly around 65% across all major terms, both of which are on the low side, and overall the market is not expecting much volatility going forward. If there is a volatile view of the near-term market, buying options would be a very cost-effective operation, in addition to the medium- and long-term depth of the dummy has also reached a suitable range for purchase.
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