Odaily Planet Daily News Greeks.live macro researcher Adam wrote that there are many important macro events this week. The Federal Reserve and US economic data are more prominent this week. The semi-annual monetary policy and CPI data are worth paying attention to.
The new EU regulations require crypto exchanges to comply with the travel rule guidelines and strengthen anti-money laundering measures. Deribit and other exchanges need to improve KYC before they can be used normally.
The EU Crypto-Asset Markets Act (MiCA) has come into full effect, and compliant exchanges such as Kraken have gradually removed stablecoins such as USDT from the European region. The crypto market continues to be sluggish, Bitcoin continues to fluctuate below $100,000, and altcoins have generally fallen sharply in the past month. The market's wealth-making effect has become relatively weak, and the market's enthusiasm has gradually turned to pessimism.
In terms of options, the full-term IV continues to decline, the monthly par IV has fallen below 50%, and the quarterly par IV is below 55%. The market game is not fierce. Recently, there have been many large-scale call options transactions, mainly due to large-scale position adjustments.