BlockBeats news, on December 27, Greeks.Live analyst Adam posted on social media that 150,000 BTC options are expiring today, with a Put Call Ratio of 0.69, a maximum pain point of $85,000, and a nominal value of $14.17 billion.
Additionally, there are 1.12 million ETH options expiring today, with a Put Call Ratio of 0.41, a maximum pain point of $3000, and a nominal value of $3.74 billion.
Adam stated that today is the annual settlement, with $18 billion worth of options expiring in the last settlement of the year. The theme of this week remains adjustment. Due to the overlap of Christmas and the annual settlement, the overall market enthusiasm is relatively low.
In 2024, Bitcoin has yielded more than double the returns, especially with the end-of-year market since November, making 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, and crypto supporter Musk will also have greater influence. Whether it’s mainstream finance's deeper integration with crypto, or the U.S. government and major corporations holding Bitcoin, it will bring a huge positive impact on the entire crypto market.
According to past bull market experience, the next few months will see a sector rotation bull market. We hope for more innovative products to drive the entire cryptocurrency market bull market, as this wealth effect should be significantly stronger than the current mainstream coins' bull market.
