According to online reports, Greeks.live analyst Adam issued an article saying that although the European and American markets are closed for the Christmas holiday, the crypto market has seen a significant rise driven by Bitcoin. Due to poor market liquidity between the Christmas holiday and year-end delivery, price fluctuations require less motivation. In terms of options, the short-term implied volatility (IV) has dropped from the previous day, and market makers are nearing completion of shifting positions. IV is expected to remain stable before the end of the year. Currently, the largest option pain point for Bitcoin is at US$84000 and Ethereum is US$3000. These annual biggest pain points may expire as in previous years.