Greeks.live: Cryptocurrency market performed poorly this week, and the market's attention to the US election was lower than expected

Greeks.live macro researcher Adam published the major events of next week on X (10/28-11/3): Next week is a big macro week. Friday's non-farm data and unemployment rate data are worth paying attention to. They are the last important economic data before the election. Federal Reserve officials have almost no speeches scheduled this week. The election is approaching, and the market's attention to this election is lower than expected, but the election is still very uncertain, and the IV of the election cycle option is still relatively strong. Important events next week: Wednesday, October 30 US ADP employment in October (20:15) US third quarter real GDP annualized quarterly rate initial value (20:30) Binance Blockchain Week Thursday, October 31 BoJ announces interest rate decision and outlook report US core PCE price index in September (20:30) US initial jobless claims for the week (20:30) Friday, November 1 US unemployment rate in October (20:30) US non-farm payrolls in October (20:30) US ISM manufacturing PMI in October (22:00) Apple releases earnings report Crypto market outlook: The crypto market performed poorly this week. BTC failed to hit a new high again, and other currencies fell sharply. The US election seems to have failed to bring more to the crypto market. Currently, Bitcoin’s medium- and short-term IV is at a low level, generally below 40%, but the IV during the election week increased to 60%. The election is the only trading opportunity in the near future.