The non-farm data released last Friday (6Oct) was almost twice as high as expected, indicating that the US job market is still strong. After the data was released, US bonds rose by more than 10 basis points, and then gave up most of the gains. The current 10-year Treasury yield is around 4.73. The three major US stock indexes reversed the early decline caused by the non-farm data (a drop of about 1%) and achieved an overall rise. Among them, the Nasdaq rose by 1.60%, the S&P 500 rose by 1.18%, and the Dow Jones Index rose by 0.87%. Affected by the Israeli-Palestinian conflict, the market's risk aversion sentiment has heated up, and gold and crude oil prices have opened sharply higher. This week, the US Consumer Price Index data can be focused on Thursday night (12Oct 08.30pm UTC+8). The market generally expects that the CPI will rise by 0.3-0.4% month-on-month.

In terms of options, implied volatility has not changed significantly compared to yesterday. BTC mid-front-end IV has successfully rebounded from the bottom after two days over the weekend, returning to more than 30% (currently about 33% Vol). On the other hand, the IV of ETH within a month is basically still below 30% Vol, and there is still a 3 to 5% Vol gap between mid-range and BTC.

Block trading was relatively flat over the weekend. In the option chain market, BTC transactions were concentrated on 28000-C and 30000-C. Further analysis showed that the main reason was that the Call near 28000-C was sold in large quantities within a week, and the 30000-C in the next week (20OCT23) was bought in large quantities to open positions, forming a FLow similar to the calendar triangle spread. ETH's transaction distribution shifted to the medium term, and buying the 1700-C call option transaction at the end of November became a hot spot in the market. According to statistics, the cumulative purchase volume of this contract in the past day reached 20.57K ETH, and the OI increased by nearly 19K.