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Analyst: Mainstream trading platforms in Europe and the United States will be closed for Christmas, and a deleveraging exercise will not be ruled out before Trump takes office

According to online reports, Greeks.live analyst Adam posted on social media that this Wednesday is Christmas, major trading platforms in Europe and the United States are closed, and crypto funds usually flow out this week. At present, ETFs are the main external source of funds in the crypto market. The pressure from capital outflows on the crypto market has increased significantly compared with previous years, and the market has a strong risk aversion. There has been no significant correction in this round of bull market. Funds are now tight during the Christmas holiday. It is not ruled out that a deleveraging market will be carried out before Trump takes office, and the market is highly risk-averse. Nearly US$12 billion in options have expired in the options market, accounting for more than 40% of the current total positions. Large companies and market makers are actively adjusting positions, and paying more attention to the market can occasionally get good opportunities to pick up leaks. There is little expectation for Christmas fluctuations this week. 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.

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