Greeks.live: biggest pain point for BTC now at $84,000, ETH at $3,000

Adam, a macro researcher at Greeks.live, posted that Europe and the United States entered the Christmas holiday with traditional markets closed, but the crypto market, led by Bitcoin, saw significant gains. With less liquidity over the holidays, the market requires less momentum to move up or down. On the options front, short-term implied volatility continues to decline, market makers are moving positions near the end of the day, and volatility is expected to be mainly stable until the end of the year. Maximum pain points are currently at $84,000 for BTC and $3,000 for ETH, but the annual maximum pain points may expire, similar to previous years.