Multiple macro events are converging this week in what HTX Research analyst Chloe identifies as potentially the year's most impactful market cycle. A trade "framework" emerged between the U.S. and China during Malaysia's ASEAN summit, including postponement of Chinese rare earth export restrictions and suspension of 100% tariffs on Chinese goods, boosting Asia-Pacific equities and risk appetite. Markets anticipate a 25-basis-point Federal Reserve rate cut at the October 28-29 meeting amid a data vacuum caused by U.S. government shutdown, with European Central Bank and Bank of Japan rate decisions also due this week. Bitcoin options open interest stands at $63 billion, with 80% on Deribit and major positions clustered at $120,000-$140,000 strike prices, CoinGlass and Deribit data show, signaling bullish sentiment though near-term expiries may trigger volatility.