On Monday morning in Asia, Bitcoin prices surged again, reaching a new all-time high. Bitcoin is targeting $110,000, and Trump has once again ignited enthusiasm in the crypto space as Bitcoin hits new highs. Previously, comments from President-elect Trump suggested that he plans to establish a Bitcoin strategic reserve similar to the U.S. Strategic Petroleum Reserve. Additionally, on December 15, Trump made shocking statements about cryptocurrencies during an interview with CNBC! Trump confidently stated, "We are going to use cryptocurrencies to do some really great things! ... Others are slowly accepting it, but we are going to be the leaders in this industry!" Trump's remarks undoubtedly injected new vitality and expectations into the cryptocurrency field!

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This week is a significant macro week, with the Federal Reserve and other central banks set to announce interest rate decisions. Currently, the futures market shows a 99% expectation of a 25 basis point rate cut by the Federal Reserve. Other important data this week is also worth paying attention to, as the next interest rate meeting enters the Trump cycle. During this period, it is also worth noting whether there will be significant fluctuations in the U.S. stock market. With strong inflows into ETFs, a rising U.S. stock market is also beneficial for the crypto market.

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This week, the BTC scaling solution Stacks opened the BTC deposit feature, marking the first phase of sBTC deployment; along with the Federal Reserve announcing interest rate decisions on December 19; and Powell holding a monetary policy press conference; BTC has stabilized above $100,000, while ETH has failed to hold above $4,000. The market was relatively quiet last week, despite still lacking capital inflows. As Christmas approaches, the market is in a period of position shifting. The options market is stable, and block trades and market interest rates are noteworthy. Currently, the main term implied volatility is at a relatively low level, and short-term implied volatility has clearly receded, making it a good opportunity to consider buying. Future layouts should focus on real-time changes in the market, and every day, Yibo will analyze the market layout in real-time in the live broadcast room.