Asian equity markets showing mixed signals as we head into the New Year period, with several exchanges going dark ahead of the holiday break. The divergent performance across different markets reflects the typical pre-holiday consolidation pattern we often see. When major regional exchanges pause operations, it creates a vacuum in trading volume and can influence price action across correlated assets, including the broader macro environment that indirectly impacts crypto sentiment. Worth monitoring how this year-end lull affects liquidity dynamics and risk appetite once normal trading resumes.