Greeks.live: The crypto market showed a V-shaped reversal last week, and April became the month with the deepest correction in the past year

Greeks.live macro researcher Adam posted on the X platform that there were fewer important macro events and cryptocurrency-related events this week. Last week was a big news week, and cryptocurrencies did fluctuate sharply. Cryptocurrencies are still affected by various news. There are multiple macro-related news this week, but the impact is limited. If nothing unexpected happens, the Federal Reserve will maintain the current interest rate in the next few months. -This week's major events: Tuesday, May 7* RBA interest rate decision; speeches by several FOMC voting members; Wednesday, May 8* Fed Vice Chairman Jefferson spoke on the economy; Thursday, May 9** US 10-year Treasury auction; US initial jobless claims for the week; Bank of England interest rate decision; Friday, May 10* University of Michigan Consumer Confidence Index; Federal Reserve Board member Bowman spoke on financial stability risks. -Crypto market outlook: The entire cryptocurrency market took a V-shaped reversal last week, and April became the month with the deepest correction in the past year. Dvol has rebounded, and the current short- and medium-term IV is stable at 55%, which is consistent with our judgment last week. The recent major term option IV will gradually move towards a stable state of 55%-60%. In the short term, you can choose a term and price with a lower IV and continue to buy options. -In the crypto interest rate market, Bitfinex spot big players have begun to continuously buy the bottom, and the green leaf interest rate market can often encounter orders with an annualized interest rate of 20%.