According to ChainCatcher news, Greeks.live analyst Adam posted on social media that this Wednesday is Christmas, and major trading platforms in Europe and the U.S. will be closed. Crypto funds usually show outflows during this week.
Currently, ETFs are the main source of external funds in the crypto market, and the pressure from fund outflows on the crypto market is significantly higher than in previous years, with a strong risk-averse sentiment in the market. There hasn't been a significant pullback in this bull market yet, and with funds being tight during the Christmas holidays, a deleveraging trend before Trump takes office cannot be ruled out, leading to 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 provide good bargain opportunities. This week, the volatility expectation for Christmas is low, and the market is more focused on betting on the trends before and after Trump takes office at the end of January. Recently, it remains a good opportunity to buy options.
