Market outlook this week: Spot buyers in the mainstream currency market are strong, and derivatives data become active this week

Greeks.live released this week’s market outlook: This week is still a macro week, with only routine events such as speeches by some FOMC voting committees and major central banks. Crypto-related events are mainly the main event of ETH Denver 2024, and the event-driven power is small. At present, spot buyers in the mainstream currency market are very strong. At the same time, it is worth noting that derivatives data became active this 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. However, the experience of many bull markets and sharp declines also needs to be paid attention to. Thursday 2/29* -U.S. core PCE price index in January -The number of people filing for unemployment benefits in the United States this week -ETH Denver 2024 main event starts on Friday, 3/1* -U.S. University of Michigan Consumer Confidence Index for February BTC is now in a spot bull market that is gradually driving a derivatives bull market. The main term option IV is at its highest level in the past year. The current excitement in the market can easily push up prices, and IV still has the potential to hit new highs. Buying short-term calls is still an option with a higher profit and loss ratio, and spending some premium to buy short-term puts for protection is also a good choice. In terms of the crypto interest rate market, the market has recently returned to activity, leverage levels have continued to rise, and some high-interest orders have continued to appear in the interest rate market. If there is a big market in the near future, you can pay attention to interest rate changes, and good lending opportunities are likely to appear.