The Nasdaq-100 futures ($NQ_F) have shown bearish trends, particularly since Friday, with notable declines observed on January 10, 2025. Analysts have pointed out that institutional trading activity heavily influenced this downturn, particularly following a spike in call options on January 8. The $NQ_F experienced significant levels of engagement, with the quarterly mean noted at 20,310.34. As of January 10, the $QQQ index was trading below its 50-day simple moving average, reflecting the broader market's sell-off. Observations indicate that market movements are increasingly driven by institutional flows rather than traditional technical analysis methods.