At just $80,000 away from the final push, implied volatility has risen to 60%. This week is the monthly settlement week for August, and low overall open interest has resulted from months of sluggish markets. Despite last week’s strong price movement, there have been no significant structural changes in the options market. This week also features the Jackson Hole Global Central Bank Symposium, taking place from August 27 to 29 in Wyoming, USA, with the theme “Financial Innovation: Implications for Payments and Policy.” Additionally, U.S. Treasury Secretary Bessent will unveil the U.S. government’s new fiscal consolidation plan over the weekend—two major macro events concentrated at the end of this week. Market sentiment remains strong, with the Greed Index reaching 80. Avoid chasing tops during the first leg of the rally, and do not engage in retaliatory shorting out of fear of missing out.