Will this week's market face a waterfall or a surge?

Tonight, US stocks will close early, and the European market is also relatively quiet. First, let's talk about the largest options expiration in history this Friday!

This round of options expiration amounts to $23 billion. As market makers unwind their hedges, whether the market can end its short-term fluctuations is what we need to focus on now; we can only wait and see...

With Christmas approaching, major exchanges abroad are gradually closing for the holidays, making the overall market volatility relatively mild.

The three large bearish candles on the daily chart have engulfed the small gains, and in the short term, it has only managed to hold the bottom support without giving any clear signals for a rebound, still oscillating in the key resistance zone.

Recently, the Federal Reserve has also released significant data on monetary policy. Despite facing a series of policy and economic headwinds, the US stock market is still expected to remain resilient in 2025. The three major benchmark indices recorded annual gains, but the short-term positive factors for currency have not made any breakthroughs, and the pullback has also not shown significant strength.

When it breaks down without any hesitation, it means we cannot be too eager to be bullish. Liquidity and trading volume are not very ideal. Currently, the trend is centered around oscillating within the box before the options expiration, and the market is entering a critical phase at this time. Retail traders should implement certain risk management!

Finally, I wish everyone a Merry Christmas Eve…$BTC