Greeks.live: BTC pullback may trigger "altcoin season," improving options cost-effectiveness by the end of the year

ChainCatcher news, according to Greeks.live analyst Adam, recently BTC retraced after failing to break through $110,000, clearing some leveraged long positions, while the adjustment of altcoins has lasted for nearly a month. Based on past bull market experiences, a significant retracement in Bitcoin could trigger an "altcoin season," but the current intensity of the retracement is still unclear.

As Christmas and year-end settlements approach, ETF funds are clearly flowing out, and market makers are continuously adjusting their positions. Recently, the daily trading volume of large call options has accounted for over 30%. After more than 40% of options expire at the end of the year, the large amount of margin released is expected to drive implied volatility down, and the cost-effectiveness of buying options may significantly improve in the coming week.