Adam from Greeks.live Research Institute posted on X platform: "150,000 BTC options expired, Put Call Ratio was 0.69, the maximum pain point was $85,000, and the nominal value was $14.17 billion.
1.12 million ETH options expired, Put Call Ratio was 0.41, the maximum pain point was $3,000, and the nominal value was $3.74 billion.
Today is the annual delivery, and the last delivery of the year has $18 billion of options expired. The theme of this week is still adjustment. Because of Christmas and annual delivery, the overall market heat is low.
In 2024, Bitcoin has gained more than doubled, especially the year-end market since November, which has made the entire market optimistic about 2025. The outlook for the year is very optimistic. After Trump takes office in January next year, he will be the most crypto-friendly president in history. At the same time, crypto supporter Musk will also have greater power. Whether it is the deeper integration of crypto into mainstream finance or the US government and major giant companies storing Bitcoin, it will have a huge positive impact on the entire crypto market.
According to the experience of the previous bull market, the next few months will be a bull market with sector rotation. I hope that there will be more innovative products to promote the bull market of the entire crypto market, so that the wealth creation effect will be significantly stronger than the current bull market of mainstream currencies. "