Greeks.live macro researcher Adam released this week's major events overview (12/23-12/29): This Wednesday is Christmas, and major exchanges in Europe and the United States will be closed. Crypto funds typically show outflows during this week. Currently, ETFs are the main external source of funds for the crypto market, and the outflow of funds significantly increases the pressure on the crypto market compared to previous years, with strong risk aversion in the market. Major events this week: 12/23 Monday MicroStrategy is expected to join the Nasdaq 100 Index 12/24 Tuesday Bank of Canada releases the minutes from the December monetary policy meeting (02:30); Reserve Bank of Australia releases the minutes from the December monetary policy meeting (08:30) 12/26 Thursday U.S. initial jobless claims for the week (21:30) 12/27 Friday Bank of Japan releases the summary of opinions from the December monetary policy meeting (07:50) Crypto market outlook: Bitcoin falls below $100,000, Ethereum falls below $3,300, there has not yet been a significant correction in this bull market, and with tight funding during the Christmas holiday, a deleveraging event before Trump takes office cannot be ruled out, with strong risk aversion in the market. The options market has nearly $12 billion in options expiring, accounting for over 40% of the current total open interest, and large traders and market makers are actively adjusting positions. The expected volatility for this week’s Christmas is not large, with the market more focused on betting on the trends around Trump's inauguration at the end of January. In terms of the crypto interest rate market, Bitfinex's interest rate market has been relatively stable recently.
