ChainCatcher news, Greeks.Live analyst Adam posted on social media that due to the weakness in the US stock market, BTC fell below $91,000 this week, hitting a nearly one-month low. Market panic is rising, and the implied volatility (IV) of short-term options has significantly increased. The benefits brought by Trump's upcoming presidency are mainly reflected in the long term, while the Federal Reserve's January meeting is expected to maintain interest rates unchanged.Greeks.live suggests that investors pay attention to BTC price trends and ETF capital flows. In unfavorable market conditions, purchasing short-term put options for hedging is advisable, while in a recovering market, positioning in monthly call options is recommended.Greeks.live data shows that this round of options expiration involves 19,000 BTC options and 141,000 ETH options, with notional values of $1.81 billion and $460 million, respectively. The Put Call Ratio for BTC options is 0.65, with the maximum pain point at $97,000; the Put Call Ratio for ETH options is 0.48, with the maximum pain point at $3,450.

ChainCatcher news, according to CoinDesk, the MOVE index (Merrill Option Volatility Expectation) for U.S. Treasury market volatility has continued to rise since hitting a low of 82 points in mid-December, reaching 102.78 points on January 8. As the world's second-largest financial market, increased volatility in the Treasury market often signals a tightening financial environment, which may trigger risk aversion across various financial markets.Latest data shows that manufacturing performance has exceeded expectations, suggesting strong economic resilience and persistent inflationary pressures, driving U.S. Treasury yields higher across the board. Among them, the 30-year Treasury yield rose to 4.92% (the highest since November 23), while the 10-year yield climbed to 4.68% (the highest level since May).Since Trump won the election on November 5, the MOVE index had significantly dropped, leading to a broad rally in risk assets. However, this upward momentum began to weaken when the MOVE index hit its low in mid-December. On January 8, Bitcoin fell 5% to $96,900, and the S&P 500 dropped over 1%. Analysts point out that the bond market is currently dominating broader market trends, making it difficult for risk assets to regain upward momentum before the Treasury market stabilizes.

ChainCatcher news, the cryptocurrency market research firm Santiment posted on the X platform, noting that since Trump was elected as the 47th President of the United States two months ago, the correlation between cryptocurrencies and stocks has remained at a high level. However, today we observe that Bitcoin is showing a soaring trend relative to the S&P 500 index (based on its usual volatility range).For most of the past three years, the image of cryptocurrencies in the minds of most community members has gradually shifted to "high-leverage tech stocks." However, signs from early 2025 indicate that Bitcoin may be gradually detaching from the conventional volatility trajectory of the global stock market.Historically, the cryptocurrency market tends to thrive and experience the most significant bull markets during periods of low or no correlation with the stock market. If Bitcoin and other cryptocurrencies can achieve strong growth in January without relying on the S&P 500 index, it would be a strong signal, indicating a significantly increased possibility of reaching new all-time highs.

ChainCatcher news, according to Cointelegraph, the TradingView platform mistakenly displayed Bitcoin's market cap percentage dropping to 0%, and the issue has since been fixed. Possibly affected by this, the BTC price quickly fell about 4% from its high, reaching around $95,000, with approximately $33 million in long positions being forcibly liquidated in the past 4 hours.

ChainCatcher news, according to Coinpost, the Japanese government has officially responded to the inquiry by Senator Akira Hamada regarding "the promotion of Bitcoin reserves by the United States and other countries." Hamada previously stated on December 11 that "Japan should follow the example of the United States and other countries and consider converting part of its foreign exchange reserves into Bitcoin and other crypto assets."In response, the Japanese government stated that it has not yet fully grasped the relevant movements of the United States and other countries, believing that discussions in other countries about introducing Bitcoin reserves are still ongoing, and "the government finds it difficult to take a position on specific situations." According to the legal framework of special accounting operations, "crypto assets do not fall under foreign exchange," and the current foreign exchange reserves aim to maintain the stability of foreign currency assets and foreign currency bond markets.The defense document repeatedly emphasizes that special accounting operations will prioritize ensuring the safety and liquidity of foreign exchange reserves, implying that the volatility of crypto assets like Bitcoin does not align with the current system.

ChainCatcher news, according to Coinpost, the Japanese government has made an official response to Senator Akira Hamada's inquiry regarding "the promotion of Bitcoin reserves by the United States and other countries." Akira Hamada previously suggested on December 11 that "Japan should follow the example of the United States and other countries and consider converting part of its foreign exchange reserves into Bitcoin and other crypto assets."In response, the Japanese government stated that it has not yet fully grasped the relevant movements of the United States and other countries, believing that discussions in other countries about introducing Bitcoin reserves are still ongoing, and "the government finds it difficult to take a position on specific situations." According to the legal framework governing special accounting operations, "crypto assets do not fall under foreign exchange," and the current foreign exchange reserves aim to maintain the stability of foreign currency assets and foreign currency bond markets.The response document repeatedly emphasizes that ensuring the safety and liquidity of foreign exchange reserves is the top priority of special accounting operations, implying that the volatility of Bitcoin and other crypto assets is not compatible with the current system.

ChainCatcher news, according to Alternative data, the Fear and Greed Index has dropped to 73 today (yesterday it was 74), still indicating greed.Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

ChainCatcher news, this week, the Federal Reserve finally confirmed the long-anticipated "pivot" by the market. The central bank's statement and update on economic forecasts this week had a significant impact on the market. Market participants currently expect the Federal Reserve to cut interest rates by about 40 basis points by December 2025, leading to a rise in U.S. Treasury yields. Earlier this week, Bitcoin fell from its historical high, and on Friday during the European session, Bitcoin continued its downward trend, approaching $95,000 at one point. Earlier, Bitcoin had just set a new historical high of over $108,000, and this round of decline in the crypto market has had a greater impact on altcoins such as Ethereum and Dogecoin.Additionally, U.S. exchange-traded funds (ETFs) that directly invest in Bitcoin also ended a 15-day streak of inflows this week, recording an outflow of $680 million, highlighting the shift in market sentiment.

ChainCatcher news, according to Jin Shi reports, market news says: The Korea Securities Futures Exchange has established a committee to manage market volatility.

ChainCatcher news, according to Jinshi reports, the Bank of Korea vowed to stabilize the financial market in its first statement after the impeachment of Yoon Suk-yeol, emphasizing the importance of "continuously implementing" key fiscal and economic measures.The Bank of Korea stated, "The Bank of Korea intends to work with the government to utilize all available policy tools to respond to and avoid escalation of volatility in the financial and foreign exchange markets." The Bank of Korea compared the current situation with the impeachment phases of previous presidents, believing that "external challenges such as increased uncertainty in the trade environment and intensified global competition are greater. If these external factors overlap with domestic factors, their impact may be amplified." The Bank of Korea called for intervention measures to improve the economy.

ChainCatcher news, according to Alternative data, the Fear and Greed Index has risen to 83 today (up from 76 yesterday), remaining at an extreme greed level.It is reported that the panic index threshold ranges from 0 to 100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google Trends analysis (10%).

ChainCatcher news, according to South Korean media MTN, the Financial Supervisory Service of South Korea has launched an investigation into the exchange Coinone, focusing on the abnormal situation of the Movement token's price skyrocketing shortly after its listing and then plummeting sharply.The investigation will verify whether there is unfair trading and check if Coinone's internal monitoring system is functioning properly. In addition, the reasons for Coinone listing the token ahead of other exchanges in a situation where liquidity may be insufficient will also be a key focus of the investigation.Officials stated that if abnormalities are found, proactive measures will be taken.

ChainCatcher message, Greeks.live analyst Adam posted on social media that after several days of adjustment, the market has once again reached a position of strong divergence. Currently, BTC is fluctuating below $100,000, ETH is fluctuating around $3,700, and most altcoins have seen a decline of over 20%.Currently, BTC options account for 80% of the open interest and trading volume in the options market, making them the most indicative. Today's large bullish options trading accounts for nearly 30%, mainly focusing on buying short-term strike prices of $100,000 and above, while actively buying protective puts for the end of the year also accounts for 10% of the trading volume.Currently, the short-term IV exceeds 60%, which is considered high. Institutions have strong expectations for volatility before Christmas, making it relatively cost-effective to buy some year-end options.

ChainCatcher message, Greeks.live analyst Adam posted on social media that after several days of adjustment, the market has once again reached a position of strong divergence. Currently, BTC is fluctuating below $100,000, ETH is fluctuating around $3,700, and most altcoins have seen a decline of over 20%.Currently, BTC options account for 80% of the positions and trading volume in the options market, making them highly indicative. Today, large bullish options transactions accounted for nearly 30%, mainly focusing on buying short-term strike prices of $100,000 and above, while actively buying protective puts for the end of the year also accounted for 10% of the trading volume.Currently, the short-term IV exceeds 60%, which is considered high. Institutions have strong expectations for volatility before Christmas, making it relatively cost-effective to buy some year-end expiration options.