CoinVoice has learned that Adam, an analyst at Greeks.live, stated on social media that this Wednesday is Christmas, and major trading platforms in Europe and the United States will enter a holiday break, with crypto funds typically showing outflows this week.
Currently, ETFs are the main source of external funds in the crypto market. The pressure from fund outflows on the crypto market has significantly increased compared to previous years, and there is a strong risk-averse sentiment in the market. This bull market has not seen significant corrections so far, and with funds tight during the Christmas holiday, there is a possibility of a deleveraging trend before Trump takes office, with a strong risk-averse sentiment in the market.
The options market has nearly $12 billion in options expiring, accounting for over 40% of the current total open interest. Large traders and market makers are actively adjusting their positions, and paying close attention to the market can occasionally yield good bargain opportunities. This week, the volatility expectation for Christmas is not high, and the market is more focused on betting on the market trends before and after Trump takes office at the end of January. Recently, it is still a good opportunity to buy options. [Original link]