Key Events This Week

After the Thanksgiving holiday, the US market is expected to regain vitality. If ETF funds continue to flow in, the possibility of Bitcoin breaking through the $100,000 mark within the year will further increase. This week, important economic indicators such as non-farm employment data and the unemployment rate will be the focus of the market. At the same time, the movements of ETFs and the performance of crypto-related US stocks are also worth closely monitoring.

Overview of Important Events This Week:

December 2 (Monday): 23:00 The Federal Reserve releases the minutes of the November monetary policy meeting, along with the US November ISM Manufacturing PMI.

December 4 (Wednesday): 21:15 US November ADP employment figures are announced.

December 5 (Thursday): 03:00 The Federal Reserve releases the Economic Conditions Beige Book, and at 21:30 the number of initial jobless claims in the US for the week is announced.

December 6 (Friday): 21:30 US November unemployment rate and non-farm payroll data are released.

Cryptocurrency Market Outlook:

Bitcoin is currently hovering below the $100,000 mark, and after continuous adjustments, market sentiment is gradually stabilizing. Ethereum rebounded significantly last week, just a step away from its all-time high. Funds continue to flow in, with bullish forces in the spot market being significant.

Options Market Observation: Volatility is relatively stable, and attention should be paid to large trades and market interest rate dynamics. Current implied volatility (IV) for major tenors remains at a low level, providing good cost-effectiveness for mid- to long-term positioning. The bullish trend remains, and seizing adjustment opportunities may yield considerable returns.