In the Monday Asian market morning session, the price of BTC rose again, reaching a new all-time high. BTC aims for $110,000 dollars, and Trump once again ignites excitement in the crypto world with BTC reaching a new all-time high. Previously, comments by the US President-elect, Trump, hinted that he plans to establish a strategic BTC reserve similar to the US Strategic Petroleum Reserve. In addition, on December 15, Trump made shocking comments about cryptocurrencies during an interview with CNBCicon. Trump said confidently, 'We're going to do really great things with cryptocurrencies!... Others are slowly accepting them, but we want to lead this industry.' Undoubtedly, Trump's words have injected new vitality and expectations into the field of cryptocurrencies.

This week is a big macroeconomic week, with the Federal Reserve at the forefront of several central banks that will soon announce their decision on interest rates. Currently, the futures market shows a 99% expectation that the Federal Reserve will cut rates by 25 basis points. It is also worth paying attention to other important data this week, as the next interest rate meeting will mark the beginning of the Trump cycle. During this period, it is also important to watch for any major fluctuations in the U.S. stock market, given the strong inflow into ETFs currently, which is also favorable for the encryption market.
This week, Stacks, the BTC scaling solution, has opened the BTC deposit function, which is the first phase of sBTC implementation; in addition, on December 19, the Federal Reserve announced its decision on interest rates, and Powell held a press conference on monetary policy; BTC remains steady at $100,000, while ETH failed to stay above $4,000. The market was relatively calm last week, despite the scarcity of capital flow in the market. As Christmas approaches, a repositioning of positions towards the end of the market is observed. The options market remains stable, and bulk transactions and market interest rates are worth paying attention to. Currently, the IV of the main terms is relatively low, and the short-term IV has significantly retreated, which presents a good buying opportunity. In the follow-up to the subsequent arrangement, attention should be paid to real-time changes in the market position.