TechFlow news, on December 27, Greeks.Live analyst Adam posted on social media stating that today marks the annual settlement, with $18 billion worth of options expiring—the final expiry of the year. This week’s theme remains adjustment. Market activity has been relatively low due to the combination of Christmas and the annual expiry event. Bitcoin achieved over a 100% return in 2024, and the strong performance since November has left the market highly optimistic about 2025.
With Trump taking office next January, he will become the most crypto-friendly president in history, while crypto advocate Musk will also wield greater influence. Whether it's deeper integration of crypto into mainstream finance or increased Bitcoin reserves held by the U.S. government and major corporations, these developments are expected to have a significant positive impact on the entire crypto market. Based on past bull market patterns, the coming months may see a rotation across different market sectors. Hopefully, innovative products will emerge to drive this bull market, creating a wealth effect far stronger than the current broad rally in major cryptocurrencies.
Data from Greeks.live shows that on December 27, a total of $18 billion in options will expire during the annual settlement. Bitcoin options include 150,000 contracts expiring, with a Put Call Ratio of 0.69, and a max pain point at $85,000, representing a notional value of $14.17 billion. Ethereum options include 1.12 million contracts expiring, with a Put Call Ratio of 0.41, and a max pain point at $3,000, representing a notional value of $3.74 billion.
