Christmas

Greeks.Live: Due to the overlap of Christmas and annual delivery, the overall market activity is relatively low, and this week's theme remains focused on adjustments

ChainCatcher news, Greeks.Live analyst Adam stated that on December 27, the last options expiration of the year will take place, with a total of 150,000 BTC options expiring, a Put Call Ratio of 0.69, and a maximum pain point of $85,000, with a nominal value of $14.17 billion; at the same time, 1.12 million ETH options will expire, with a Put Call Ratio of 0.41, a maximum pain point of $3,000, and a nominal value of $3.74 billion. The total nominal value of this expiration is approximately $18 billion. Due to the overlap of Christmas and the annual expiration, the overall market enthusiasm is relatively low, and this week's theme remains focused on adjustments.In addition, Bitcoin's annual returns in 2024 are expected to more than double, especially with strong performance at the end of the year, and the market is optimistic about 2025. Analysts point out that after Trump takes office in January next year, he may become the most crypto-friendly president, while Musk's influence will further drive the development of the crypto industry. The integration of mainstream finance and crypto, along with factors such as the U.S. government's and corporations' Bitcoin reserves, is expected to bring positive impacts to the market, and a sector rotation bull market may be on the horizon in the coming months.

Analyst: Major trading platforms in Europe and the United States will be closed for Christmas, and a deleveraging market before Trump's inauguration cannot be ruled out

ChainCatcher message, Greeks.live analyst Adam posted on social media that this Wednesday is Christmas, and major trading platforms in Europe and the United States will be closed for the holiday, with crypto funds typically showing outflows this week.Currently, ETFs are the main source of external funds for the crypto market, and the pressure from fund outflows on the crypto market has significantly increased compared to previous years, with strong risk-averse sentiment in the market. This bull market has not yet experienced a significant correction, and now with the Christmas holiday, funds are relatively tight. It is possible that there will be a deleveraging event before Trump's inauguration, with a strong risk-averse sentiment in the market.The options market has nearly $12 billion in options expiring, accounting for more than 40% of the current total open interest. Large traders and market makers are actively adjusting their positions, and paying close attention to the market can occasionally yield good opportunities for bargains. The volatility expectation for this week's Christmas is not high; the market is more focused on betting on the trends before and after Trump's inauguration at the end of January. Recently, it remains a good opportunity to buy options.
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