Analyst: Major trading platforms in Europe and America will be closed on Christmas, and a deleveraging before Trump's inauguration cannot be ruled out.

Analyst Adam from Greeks.live stated on social media that this Wednesday is Christmas, and major trading platforms in Europe and America will be closed. Cryptocurrency funds usually tend to flow out during this week. Currently, ETFs are the primary source of external funds for the crypto market, and the outflow of funds is significantly increasing the pressure on the crypto market compared to previous years, with strong market risk aversion. This round of the bull market has not seen a significant correction yet, and now, with the Christmas holiday, funds are relatively tight. It cannot be ruled out that there will be a deleveraging before Trump's inauguration, with a strong market risk aversion. The options market has nearly $12 billion in options expiring, accounting for more than 40% of the current total positions, and large traders and market makers are actively adjusting their positions. Keeping an eye on the market can occasionally provide good opportunities for bargains. The volatility expectation for this week's Christmas is not high, and the market is more focused on betting on the trends before and after Trump's inauguration at the end of January. Recently, it is still a good opportunity to buy options.