DeepThink from a certain exchange: Multiple macro events will hit this week, with easing China-US trade tensions and expectations of monetary easing strengthening bullish sentiment.

BlockBeats News, October 28 — DeepThink columnist and exchange Research analyst Chloe (@ChloeTalk1) pointed out that this week’s overlapping macro events may constitute the most influential market cycle of the year. During the ASEAN Summit in Malaysia, China and the US reached a trade "framework," including measures such as postponing China’s rare earth export restrictions and suspending the 100% tariff on Chinese goods. The easing of trade tensions has driven up Asia-Pacific stock markets and strengthened risk appetite.

In addition, due to the data vacuum caused by the US government shutdown, the market expects the Federal Reserve to cut interest rates by another 25 basis points at the October 28-29 meeting. The European Central Bank and the Bank of Japan will also announce interest rate decisions this week, further strengthening global easing expectations. Meanwhile, tech giants such as Microsoft, Alphabet, Meta, Apple, and Amazon will release their earnings reports this week, with AI investment and profit expectations becoming the focus of attention.

In the crypto market, data from CoinGlass and Deribit shows that the total open interest in bitcoin options has reached $63 billion, with Deribit accounting for 80% of the total. The main positions are concentrated in the high strike price range of $120,000 to $140,000. Overall sentiment is bullish, but options nearing expiration may bring short-term volatility.

Chloe pointed out that the easing of China-US trade tensions and global easing expectations are jointly strengthening bullish sentiment, while the AI narrative and high-level options positions are adding new volatility factors to the market.