ChainCatcher news, according to Greeks.live macro researcher Adam's post on the X platform, this week is the U.S. election week. Currently, there is a lot of uncertainty surrounding the U.S. elections. Over the past month, Trump's popularity has been high, but Harris's chances of winning are gradually increasing during the election process. The U.S. elections have a significant impact on the entire market. There is also a monetary policy meeting on Friday, and the market generally expects a 25 basis point rate cut. Currently, the cryptocurrency market is primarily in a wait-and-see mode for risk aversion. This week's at-the-money implied volatility (IV) has risen to 80%, and this month's options IV is significantly higher than that of long-term options. There may be significant market movements in the coming days.

ChainCatcher news, Greeks.live researcher Adam posted on social media that last week's macro data did not have much impact. Next Thursday is the Federal Reserve's interest rate meeting, and a 25 basis point rate cut has once again become a major point of discussion. The cryptocurrency market is very weak, with BTC dropping nearly 10% since September, and market confidence is low, putting the market in an oversold state.This week's major events:On Tuesday, September 10, Apple will hold a new product launch event;On Wednesday, September 11, the U.S. August CPI will be released, and U.S. presidential candidates Harris and Trump will debate on ABC News;On Thursday, September 12, the number of initial jobless claims in the U.S. for the week will be announced, and the European Central Bank will release its interest rate decision;On Friday, September 13, the U.S. September University of Michigan Consumer Sentiment Index will be released.Cryptocurrency market outlook: The market is weak, and investor confidence is severely lacking. Implied volatility (IV) across major maturities has rebounded, with a more noticeable rebound in the short to medium term. Options trading is focused on next week's Federal Reserve interest rate meeting. Currently, short to medium term IV is still at a year-to-date low, making it a good time to construct bearish ratio spreads based on market timing.

ChainCatcher news, according to Jinshi reports, next week the market will face several important event nodes, during which Federal Reserve officials will also make a series of speeches. Among them:Monday at 21:15, Federal Reserve Governor Waller will deliver the opening speech at the summer seminar on currency, banking, payments, and finance;Wednesday at 1:35, 2024 FOMC voting member and Atlanta Fed President Bostic will speak;Thursday at 2:00, the Federal Reserve will release the minutes of the monetary policy meeting;On Thursday, the Jackson Hole Global Central Bank Annual Meeting will be held;Friday at 22:00, Federal Reserve Chairman Powell will speak on the economic outlook at the Jackson Hole Annual Meeting.In addition, on Thursday evening next week, the U.S. August S&P Global PMI data will be released. If the data unexpectedly shows weakness, concerns about a recession in the U.S. may intensify, leading traders to increase bets that the Federal Reserve will cut interest rates more significantly within the year, which would be a blow to the dollar.

ChainCatcher News, the Bank of Japan will hold a monetary policy meeting on the 30th and 31st. The central bank believes that the increase in prices is progressing towards the 2% target in the form of wage increases and will discuss whether to raise interest rates further. The government, which considers correcting the depreciation of the yen as a pressing issue, is under increasing pressure to raise interest rates. On the other hand, personal consumption, which is an important indicator, is concerning, and a cautious judgment will be made based on the impact on the economy.