Retail vs. whales: Who actually drives the Santa rally?

💡 DMK Insight

December’s market surge isn’t just holiday cheer; it’s a complex interplay of retail FOMO and whale activity. As we approach year-end, traders should be wary of the typical Santa Rally narrative. While retail investors often jump in, driven by fear of missing out, institutional players are also making strategic moves. This dual dynamic can create volatility, especially if whales decide to take profits or reposition ahead of the new year. Watch for key resistance levels in major indices and crypto assets; a failure to break through could signal a pullback. Keep an eye on volume trends—if retail buying doesn’t match whale selling, we might see a sharp correction. The real story is how these forces interact, and traders need to be prepared for sudden shifts in sentiment as we head into January.