Analyst: Major trading platforms in Europe and America will be closed for Christmas, and a deleveraging event before Trump takes office cannot be ruled out.

Golden Finance reports that Adam, an analyst from Greeks.live, stated on social media that this Wednesday is Christmas, and major trading platforms in Europe and America will be closed for the holiday. Crypto funds typically experience outflows during this week. Currently, ETFs are the main source of external funds for the crypto market, and the outflow of funds has significantly increased the pressure on the crypto market compared to previous years, leading to strong risk aversion in the market. This round of the bull market has not yet experienced any significant corrections, and now, with the Christmas holiday, funds are relatively tight. It is possible that there will be a deleveraging event before Trump takes office, as the market sentiment remains cautious. The options market has nearly $12 billion in options expiring, accounting for over 40% of the current total positions. Large investors and market makers are actively adjusting their positions, and paying close attention to the market may occasionally provide good opportunities for bargains. This week's volatility expectation for Christmas is not high; the market is more focused on betting on the trends around the end of January when Trump takes office. Recently, it remains a good opportunity to buy options.