PANews reported on December 23 that Greeks.live macro analyst Adam posted on the X platform that this Wednesday is Christmas, and major exchanges in Europe and the United States are closed. Cryptocurrency funds usually flow out this week. Currently, ETFs are the main source of external funds for the crypto market. The pressure of capital outflow on the crypto market has increased significantly compared with previous years, and the market is full of risk aversion. Regarding the outlook for the crypto market, there has not been a sharp correction in this round of bull market. Now that funds are tight during the Christmas holiday, it is not ruled out that there will be a deleveraging before Trump takes office, and the market is full of risk aversion.

Regarding the crypto interest rate market, nearly $12 billion of options have expired in the options market, accounting for more than 40% of the current total positions. Large investors and market makers are actively adjusting their positions. Paying more attention to the market can occasionally get good opportunities to pick up leaks. The volatility is not expected to be large this Christmas. The market is more betting on the market before and after Trump takes office at the end of January. It is still a good opportunity to buy options in the near future.