The following is a summary of important events for this week: Key Event Timelines
December 2 (Monday): At 23:00 on this day, the Federal Reserve will release the minutes of the November monetary policy meeting, while the U.S. November ISM Manufacturing PMI data will also be announced simultaneously.
December 4 (Wednesday): At 21:15, the U.S. November ADP employment data will be released, which investors should pay special attention to.
December 5 (Thursday): First at 03:00, the Federal Reserve will publish the Beige Book on economic conditions; then at 21:30, the data on initial claims for unemployment benefits in the U.S. for the week will also be officially released.
December 6 (Friday): By 21:30, the U.S. November unemployment rate and non-farm payroll data will be made public, and these figures often have a significant impact on the market.
Crypto Market Outlook
Regarding Bitcoin: The current price of Bitcoin is fluctuating below the important threshold of $100,000. After experiencing continuous adjustments, the overall market sentiment is gradually stabilizing, and investors' mentality is becoming calmer.
Regarding Ethereum: Ethereum saw a significant rebound last week and is now just a step away from its historical high. This indicates that funds are continuously flowing into this market, and the bullish strength in the spot market is very significant, showing a strong upward momentum.
Options Market Observation
In terms of the options market, the overall volatility is relatively stable. During this process, it is important to focus on the dynamics of block trades and market interest rates. Currently, the implied volatility (IV) of major terms has remained at a low level, creating a good cost-performance advantage for medium to long-term positioning.
Overall, the current bull market trend remains strong. If investors can accurately grasp the opportunities brought about by market adjustments, they may achieve considerable returns.
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