The annual delivery of options with a nominal value of $18 billion will be carried out today, and the maximum pain point of BTC is $85,000.
On December 27, Greeks.Live analyst Adam posted on social media that 150,000 BTC options expired today, with a Put Call Ratio of 0.69, a maximum pain point of $85,000, and a nominal value of $14.17 billion.
In addition, 1.12 million ETH options expired today, with a Put Call Ratio of 0.41, a maximum pain point of $3,000, and a nominal value of $3.74 billion.
Adam said that today is the annual delivery, and the last delivery of this year has $18 billion in options expiring. The theme of this week is still adjustment. Because Christmas is superimposed on the annual delivery, the overall market heat is low.
In 2024, Bitcoin has gained more than doubled returns, especially the year-end market since November, which makes the entire market very optimistic about 2025. After Trump takes office in January next year, he will be the most crypto-friendly president in history. At the same time, crypto supporter Musk will also have greater power. Whether it is the deeper integration of crypto into mainstream finance or the US government and major giant companies storing Bitcoin, it will have a huge positive impact on the entire crypto market.
According to the experience of the previous bull market, the next few months will be a bull market with sector rotation. I hope there will be more innovative products to promote the bull market of the entire crypto market, so that the wealth-creating effect will be significantly stronger than the current bull market of mainstream currencies.
