Deep Tide TechFlow News, on December 24, Greeks.live analyst Adam stated that although the European and American markets are closed for the Christmas holiday, the cryptocurrency market has seen a significant increase driven by Bitcoin. Due to poor market liquidity during the Christmas holiday until the year-end settlement period, the momentum required for price fluctuations is minimal.
In terms of options, the short-term implied volatility (IV) has decreased compared to the previous day, and market makers are nearing the end of their position adjustments, with IV expected to remain stable before the end of the year. Currently, the maximum pain point for Bitcoin options is at $84,000, while for Ethereum it is at $3,000. These annual maximum pain points may become invalid as they have in previous years.