CoinWorld news, Greeks.live analyst Adam stated that although the European and American markets have entered the Christmas holiday break, 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 required momentum for price fluctuations is low. 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. It is expected that IV will remain stable before the end of the year. Currently, the maximum pain points for Bitcoin options are at $84,000, and for Ethereum, they are at $3,000. These annual maximum pain points may become ineffective as in previous years.