Greeks.live: A deleveraging event before Trump's inauguration cannot be ruled out, with strong risk-averse sentiment in the market

Greeks.live Macroeconomic Researcher Adam published this week's key events overview (12/23-12/29): This Wednesday is Christmas, and major exchanges in Europe and the United States will be closed, with crypto funds typically showing an outflow this week. Currently, ETFs are the main source of external funds in the crypto market, and the pressure from outflows on the crypto market has significantly increased compared to previous years, leading to a strong risk-averse sentiment in the market. Key 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 Initial jobless claims in the United States for the week (21:30) 12/27 Friday Bank of Japan releases a summary of opinions from the December monetary policy meeting (07:50) Crypto market outlook: Bitcoin has fallen below $100,000, and Ethereum has fallen below $3,300. There has not been a significant correction in this bull market yet. With the Christmas holiday, liquidity is tight, and a deleveraging event before Trump's inauguration cannot be ruled out, with strong risk-averse sentiment in the market. The options market has nearly $12 billion in options expiring, accounting for over 40% of the current total open interest, with large traders and market makers actively adjusting their positions. This week's Christmas volatility expectations are low, and the market is 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.