The recent crypto market has been quite interesting. Bitcoin has been fluctuating around $87,700, while Ethereum is also oscillating around $2,945, with intraday volatility not exceeding 2%. Basically, the lack of liquidity during the holiday and the Christmas market closure have resulted in no clear trend.

However, it’s worth noting that on the 26th, there are $23.7 billion worth of Bitcoin options expiring, which could cause some short-term volatility. Such timing often leads to fund reallocations and position adjustments.

On the platform side, things are very lively. Taking advantage of the holiday atmosphere, various platforms are launching Christmas activities, offering generous rewards for both new and existing users. The event scale is quite substantial, helping to boost activity during this typically quiet period. For traders, this is a time to watch out for potential volatility from options expiry, and also to check out the platform’s promotional offers—don’t miss out on either.