Analysis: Next week, we will focus on the release of US CPI data. The market is waiting for Trump to fulfill his promises since taking office.

analyst Adam from Greeks.Live stated that after failing to break the $100,000 mark, Bitcoin experienced a pullback and ETF funds continued to flow out. Despite the upcoming inauguration of President Trump, major speculative markets are instead filled with safe-haven sentiment, with the US stock market experiencing a significant decline. The market's attention will be focused on the release of US CPI data next week (January 13-19). This will be the most important macro data before Trump takes office, and the market is now waiting for various promises to be fulfilled.

In the options market, due to sufficient institutional margins, large amounts of selling occur whenever there is a selling opportunity, leading to a significant decrease in short-term implied volatility (IV). Looking at options transactions, bulk call options trading is active, mainly used to supplement institutional selling positions. In terms of time dimension, options at the end of January are relatively undervalued, while options in March are relatively overvalued.

In addition, new EU regulations require encrypted exchanges to comply with travel rule guidelines and strengthen anti-money laundering measures. Deribit and other exchanges need to improve their KYC in order to operate normally. In the interest rate market, Bitfinex's interest rate market has performed steadily recently, and it is recommended to actively trade at appropriate interest rates, especially focusing on market volatility.