This Thursday, the Federal Reserve, the Bank of England, and the Bank of Japan will successively announce their monetary policy decisions. The market unanimously believes that the Federal Reserve will cut interest rates by 25%, while the Bank of Japan has a 20% probability of raising interest rates this week, which has garnered significant market attention.

Recently, the severe depreciation of the yen has put considerable pressure on the Bank of Japan to raise interest rates. As the main target in the foreign exchange arbitrage market, a rate hike will inevitably bring liquidity pressure to the market.

It is highly likely that all decisions will be favorable for the macro market, and hitting $110,000 this week seems promising. The main players in the options market are also increasing their positions for the end-of-year options ranging from $110,000 to $120,000.