Golden Finance reports that 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 rise driven by Bitcoin. Due to poor market liquidity during the Christmas holiday until the year-end delivery period, the momentum needed 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, expecting IV to remain stable before the end of the year. Currently, the largest options pain points for Bitcoin are at $84,000 and for Ethereum at $3,000; these annual maximum pain points may fail as they have in previous years.