PANews reported on December 24 that Greeks.live macro researcher Adam pointed out in an article that Europe and the United States entered the Christmas holiday, and traditional markets were closed, but the crypto market driven by Bitcoin showed a significant rise. Due to the poor liquidity during the holiday, the market needs less power to rise and fall. In terms of options, short-term implied volatility continues to decline, and market makers are nearing the end of their positions. It is expected that volatility will be mainly stable before the end of the year. At present, the biggest pain point of BTC is $84,000 and ETH is $3,000, but the biggest pain point of the year may fail, which is similar to the situation in previous years.
Greeks.live: Currently, the biggest pain point for BTC is $84,000 and for ETH is $3,000
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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