Deribit Executive: The market is expected to maintain a wide fluctuation pattern in the short term, continuing until early January.

BlockBeats news, on December 26, Lin Chen, head of Asia-Pacific business at Deribit, stated, 'Current market sentiment has gradually retreated from a state of extreme greed to the greed range, with today's greed index at 79.'

Recent positive news is being gradually digested by the market, while overall liquidity was low yesterday on Christmas. Fortunately, the core PCE data released before the holiday performed well, stabilizing the retreating sentiment to some extent.

The market is expected to maintain a wide fluctuation pattern in the short term, continuing until early January.