Greeks.live： Christmas holiday is expected to lead to tight funds and strong risk aversion in the cryptocurrency market

Adam, a macro analyst at Greeks.live, posted on X platform that this Wednesday is Christmas, and major exchanges in Europe and America are closed. Cryptocurrency funds usually show outflows this week. At present, ETFs are the main external source of funds for the cryptocurrency market, and the pressure of fund outflows on the cryptocurrency market has significantly increased compared to previous years, with a strong sense of risk aversion in the market. Regarding the outlook for the cryptocurrency market, there has not been a significant pullback in this bull market. Currently, funds are tight during the Christmas holiday, and there may be a deleveraging market before Trump takes office. The market has a strong risk aversion sentiment. Regarding the cryptocurrency interest rate market, nearly $12 billion worth of options have expired in the options market, accounting for over 40% of the current total holdings. Large investors and market makers are actively adjusting their positions, and paying more attention to the market can occasionally provide good opportunities for bargain hunting. The expected volatility for Christmas this week is not high, and 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.