According to BlockBeats, 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, there are 1.12 million ETH options expiring today, with a Put Call Ratio of 0.41, a maximum pain point of $3,000, and a notional value of $3.74 billion.
Adam said that today is the annual delivery, and the last delivery of this year has 18 billion US dollars of options expiring. The theme of this week is still adjustment. Because of Christmas and annual delivery, the overall market heat is low.
In 2024, Bitcoin has more than doubled its returns, especially with the year-end rally since November, making the market very optimistic about 2025. In January next year, after Trump takes office, he will be the most crypto-friendly president in history, while crypto supporter Musk will also have greater influence. Whether it's the deeper integration of mainstream finance with crypto or the U.S. government and major corporations holding Bitcoin as reserves, all of this will have a huge positive impact on the entire crypto market.
Based on past bull market experiences, the next few months will see a rotation of sectors in the bull market. I hope there will be more innovative products to drive the entire crypto market's bull run, as this wealth effect will be significantly stronger than the current bull market of mainstream coins.

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