PANews December 23 news, Greeks.live macro analyst Adam posted on platform X that this Wednesday is Christmas, and major exchanges in Europe and the United States will be closed. Cryptocurrency funds usually show outflows this week. Currently, ETFs are the main external source of funds for the cryptocurrency market, and the outflow of funds has significantly increased the pressure on the cryptocurrency market compared to previous years, with strong risk aversion in the market. Regarding the outlook for the cryptocurrency market, this round of bull market has not experienced significant corrections, and now, during the Christmas holiday, funds are relatively tight. A deleveraging trend before Trump's inauguration cannot be ruled out, with heightened risk aversion in the market.
Regarding the cryptocurrency interest rate market, there are nearly 12 billion dollars in options expiring in the options market, accounting for over 40% of the current total open interest. Large players and market makers are actively adjusting their positions, and paying close attention to the market can occasionally yield good opportunities to scoop up bargains. The volatility expectation for this week's Christmas is not high; the market is more focused on betting on the trends before and after Trump's inauguration at the end of January. Recently, it remains a good opportunity to buy options.