This week's important event schedule: The U.S. SEC will make a decision on Fidelity's Ethereum spot ETF application

Schedule of Important Events This Week (March 4 to March 10):

This week is a macro-heavy one, with U.S. unemployment data and some major central bank interest rate decisions worth noting. Crypto-related events mainly involve the SEC's decision on Fidelity's Ethereum spot ETF application, but the chances of approval are extremely slim, and the market now unanimously believes it is impossible. The mainstream coin market spot buyers remain very strong at present, while derivative data began to gradually pick up last week. Market leverage levels are gradually rising, driven by a strong spot bull market that has stirred up market sentiment. On March 5 (Tuesday), the U.S. SEC will make a decision on Fidelity's Ethereum spot ETF application. On March 6 (Wednesday), U.S February ADP employment numbers; Bank of Canada interest rate decision. On March 7 (Thursday), European Central Bank main refinancing rate; U.S initial jobless claims for the week; Federal Reserve releases Beige Book economic report. On March 8 (Friday), U.S February unemployment rate; US February seasonally adjusted non-farm employment population.BTC is currently in a spot bull market driving derivatives bull markets forward, BTC main term options IV back above 70%, currently back to higher levels before FTX flash crash, far exceeding last year's average level.