This Monday coincides with Presidents' Day in the United States, and the US stock market will be closed. On trading days without stock market activity, market liquidity will significantly decline, which typically results in relatively dull price fluctuations. However, behind this "calm" there may be hidden complications — major capital often makes big moves when trading is thin.

Particularly worth being vigilant about is the futures market. In an environment of depleted liquidity, a single massive buy or sell order could trigger chain liquidations, instantly sweeping out large quantities of short or long positions. In seemingly stable markets, liquidation risk is actually most easily underestimated.

Trading recommendations: During the US stock market closure, reduce leverage ratios as much as possible and be cautious with large trades. If you lack confidence in market movements, wait and observe instead. Capital preservation should always be the priority.