#BTC对标贵金属的竞争格局 Market Risk Warning [December 24, 2025]



[Data Release]
At 21:30 Beijing time, the United States will release the initial jobless claims for the week ending December 20. This indicator has a certain impact on macro expectations and risk assets.

[Trading Session Changes]
As the Christmas holidays approach, several major global exchanges are adjusting their trading hours:

The New York Stock Exchange will close early at 2 AM Beijing time on the 25th; the Intercontinental Exchange's crude oil futures will end trading 3 hours early; the Chicago Mercantile Exchange's U.S. Treasury futures will end trading 3 hours and 30 minutes early.

Europe: The London Stock Exchange closed early at 8:30 PM; the Paris Exchange had a half-day of trading; the Madrid Exchange closed early at 9 PM; the Deutsche Börse was closed all day; the Milan Exchange was also closed for a day.

Asia-Pacific Region: Hong Kong Stock Exchange randomly closes between 12:08 and 12:10 PM (half-day trading); Sydney Stock Exchange closes early at 11:10 AM; New Zealand Stock Exchange has half-day trading. Toronto Stock Exchange in Canada closes early at 2:00 AM Beijing time on the 25th.

$ETH and other cryptocurrency investors should be aware that traditional financial market closures may affect market liquidity and price volatility. Always verify the specific times when planning trading hours.
ETH-0.78%
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OnChainDetectivevip
· 22h ago
nah wait, random closing times between 12:08-12:10? that's... oddly specific. wallet clustering data from hkg exchange usually shows massive liquidity dumps right before these half-day shutdowns. sus pattern tbh
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JustAnotherWalletvip
· 22h ago
The exchange will be fully closed during the Christmas holiday, and liquidity is about to collapse... We'll have to hold on and wait for the New Year's market.
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rugged_againvip
· 22h ago
The exchange will be closed for the Christmas holiday, liquidity can go to hell, and the crypto world will be dragged down by the traditional market again.
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MetaverseLandlordvip
· 22h ago
The exchanges are closed for the Christmas holidays, is this wave of liquidity going to collapse? Great, I'll have to stay up all night to monitor the market.
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