PANews reported on February 16 that Greeks.live macro researcher Adam posted on the X platform that the most noteworthy macro news this week is the news from the United States and Europe about the Russian-Ukrainian war. The Russian-Ukrainian war has always been an important reason for the rise in commodity prices. If the relevant situation changes, it may cause a change in the overall inflation logic. In terms of cryptocurrencies, this week is the opening of Consensus Hong Kong, and there are many related meetings. At the same time, FTX will start to repay creditors, which are all worth paying attention to. The European Union Crypto-Asset Markets Act (MiCA) has fully come into effect, and compliant exchanges such as Kraken have gradually removed stablecoins such as USDT from the European market.
The crypto market continues to be sluggish, Bitcoin continues to fluctuate below $100,000, and the Mile coin issuance farce has exacerbated the downturn of altcoins. The market's wealth creation effect is relatively weak, and the market is very pessimistic. In terms of options, the full-term IV continues to decline, and the month's at-the-money IV has fallen to 45%. Recently, it is mainly large investors who adjust their positions.
