New Year's Eve marks the arrival of a critical week for the market. This week may seem calm on the surface, but beneath the surface, there are turbulent undercurrents—two major events will directly determine the upcoming trading rhythm.

First, the Federal Reserve meeting minutes released in the early hours of December 31. This is not just data; it is an "internal dialogue" among policy makers. What does the market care most about? Not what they have done in the past, but their attitude towards the interest rate cut path next year—how much disagreement exists within the Fed. These minutes will set the tone for future rate cut expectations, directly impacting global asset allocation.

Second, global markets are gradually entering holiday mode. Starting from Wednesday, many stock markets will close early or shorten trading hours. By Thursday and Friday, major markets such as the US stock market, crude oil, precious metals, and foreign exchange will almost all be closed. What does this seemingly normal holiday schedule actually mean? Liquidity will evaporate instantly.

Markets with liquidity exhaustion have two prominent features. First, even tiny capital flows can trigger violent price fluctuations, with a single order potentially drawing a long line. Second, when unexpected news occurs, markets with few participants can plunge into "twitchy"行情, with uncontrollable rises and falls becoming common.

Therefore, the core task this week is quite straightforward: don’t try to chase gains, but instead stay calm, closely monitor market sentiment, and accumulate strength for the real行情 of the new year.

The operational advice is simple—keep your positions within a comfortable range, and avoid heavy bets when liquidity is nearly zero. Spend more time observing rather than trading frequently. When the market transitions out of this "hibernation state," the rhythm will truly resume. Stay calm, be patient, and opportunities are always there.