According to @QCPgroup, tax-loss harvesting into 31 December could add short-term volatility in already thin holiday markets beyond options flows. Source: @QCPgroup tweet on Dec 23, 2025 and qcpgroup.com/insights/us-colour-2/. According to @QCPgroup, historical holiday-driven moves tend to mean-revert as liquidity returns, keeping crypto range-bound unless a decisive break occurs. Source: @QCPgroup tweet on Dec 23, 2025 and qcpgroup.com/insights/us-colour-2/.