With major trading platforms in Europe and the US closed for the holiday on Wednesday, December 23, there is an expected influx of cryptocurrency funds. Currently .
ETFs serve as a major external funding source for the cryptocurrency market, and external capital inflows are under significant pressure compared to previous years, with risk aversion in the market on the rise. The current bull market has not seen any major correction yet, and the tough financial conditions during the Christmas holiday are likely to lead to debt reduction before Trump’s inauguration. Market sentiment remains strong in a state of risk aversion. In the options market, nearly $12 billion in options are set to expire, accounting for more than 40% of the current total open interest. Large investors and market makers are actively adjusting their positions, and there are occasional opportunities for profitable trades by closely monitoring the market.
Although markets are not expected to see significant volatility over the Christmas holiday, the market is largely focused on the period surrounding Trump’s inauguration in late January. The current environment presents a favorable opportunity to buy options.