Analyst: Due to the impact of holidays, the main trading forces in Europe and America are still detached from the market, resulting in a tight capital situation

On December 30, Adam, a macro researcher at Greeks.live, shared a preview of this week's major events (12/30-1/5) on the X platform. The annual settlement situation after Christmas passed smoothly because major Western exchanges and traders were far from the market. The connection between the crypto market and traditional capital flow was cut off, presenting a slight downward trend this week. By 2025, various positive expectations will gradually be realized, and the inflow of traditional funds will continue to stimulate the crypto market. New EU regulations require crypto exchanges to comply with travel rule guidelines and strengthen anti-money laundering measures; exchanges like Deribit need to improve their KYC in order to function normally.

Major events this week:
12/30 Monday
New EU regulations require crypto exchanges to comply with travel rule guidelines and strengthen anti-money laundering measures; "Markets in Crypto-assets (MiCA)" regulation comes into effect.
1/2 Thursday
Number of people applying for unemployment benefits in the US for that week (21:30)
1/3 Friday
US ISM Manufacturing PMI for December (23:00)

Crypto Market Outlook: Bitcoin is still struggling below $100k. This week is New Year's holiday period; main trading forces from Europe and America are still detached from the market causing tight funds. Last cycle options had $18 billion worth expiring which accounted for more than 40% of total holdings; now large holders and market makers have ample funds making it difficult for IV to rise.

Regarding the cryptocurrency interest rate market, Bitfinex's interest rate has been relatively stable recently - suitable orders can be actively traded especially during volatile times when they deserve special attention.