The US dollar remains stable during the holiday trading lull, essentially flat against a basket of currencies. The current market lacks new drivers, as most commodity traders and institutional investors are on holiday or reducing their positions, leading to relatively dried-up liquidity. During this silent period, the US dollar index shows no clear direction, with major currency pairs (such as EUR, JPY, GBP) trading steadily. Analysts believe that real volatility may only appear after the holidays end and economic data resumes. For macro-focused crypto traders, the dollar's movement is often an important reference for assessing the flow of risk assets.