TechFlow news, Greeks.live macro researcher Adam released key events and outlook for the crypto market this week (August 12 to 18). After last week's correction, the market has recovered from the impact of the Bank of Japan's rate hike, with overall sentiment turning optimistic. Focus this week will return to U.S. economic data, as the probability of a September rate hike continues to rise. Adam noted that if this week's economic data further supports rate hike expectations, the market rebound may continue.
Key events include:
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August 13: Trump interviewed by Musk; U.S. July PPI release;
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August 14: U.S. July CPI release; Reserve Bank of New Zealand interest rate decision;
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August 15: U.S. initial jobless claims and July retail sales data; FOMC voting member Musalem speech;
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August 16: FOMC voting member Barkin fireside chat; U.S. Democratic Party launches "Crypto for Harris" campaign;
Market outlook:
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Crypto market panic sentiment has been released, confidence gradually recovering;
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Option implied volatility (IV) remains high but faces downward pressure;
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Cryptocurrency markets remain in wide-range consolidation, with ETH underperforming relatively;
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Suggest focusing on short-term bullish options and reverse calendar spread strategies;
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Good trading opportunities may emerge in Bitfinex funding rate markets, especially during periods of market volatility;
