Greeks.live macro researcher Adam pointed out on X platform that the resumption of trading in US stocks tonight is worth paying attention to, with a focus on whether ETF trading will continue to push down prices. According to today's bulk trading data, the turnover of bearish options reached 120 million US dollars, accounting for a high proportion of 16%, significantly higher than usual. Among them, large-scale transactions with amounts exceeding five million US dollars are mainly selling short-term bearish options, while smaller orders are mainly buying short-term bearish options. Although logically speaking, today's market conditions are still not optimistic, larger investors believe that the market has stabilized.