QCP analysis points out that after Bitcoin's sharp drop earlier this week, it rebounded to the $88k range, a level that has recently triggered repeated liquidation-driven declines. Options volatility remains relatively stable with a positive term structure, but the negative left-tail skew and expensive near-dated option wings indicate hedging against gap risks. This week, focus on the Fed's January 28 policy decision, the January 30 funding deadline (shutdown risk), and the review of the crypto market structure bill, combined with forex pressure following USD/JPY rate check signals. A brief government shutdown could trigger risk volatility, while prolonged delays may tighten liquidity. The Fed is expected to hold rates steady, with attention on inflation and employment data, as market expectations remain cautious. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=55816