The important event schedule for this week (February 26th to March 3rd) is still a macro small week, with only some FOMC voters and major central bank speeches as routine events, and the main cryptocurrency-related event is ETH Denver 2024. The driving force of the event is relatively small.

Currently, the mainstream currency market's spot buyers are very strong, and it is worth noting that derivative data has become active this week, and the market leverage level is gradually increasing. The strong spot bull market has driven market sentiment, and the expectation of accelerating upward is relatively high, but the experience of many bull markets also needs to be noted.

On February 29th, Thursday, the main activity of ETH Denver 2024 will begin; the US January core PCE price index; and the number of initial jobless claims in the US for the week.

On March 1st, Friday, the University of Michigan's consumer confidence index for February in the United States.

BTC is now gradually driving the derivative bull market in the spot bull market, and the IV of the main term options is at the highest level in nearly a year. The current excited market sentiment can easily push up prices, and IV still has the potential to hit new highs. In terms of the cryptocurrency interest rate market, the market has recently become active again, and the leverage level continues to rise. Some high-interest rate orders continue to appear in the interest rate market. If there is a big market in the near future, you can pay attention to changes in interest rates, and there may be good lending opportunities.