Golden Finance reported that Adam, a macro researcher at Greeks.live, published an article on the X platform and pointed out that Europe and the United States have entered the Christmas holiday and traditional markets are closed, but the crypto market driven by Bitcoin has risen significantly. Due to poor liquidity during the holidays, the market needs less momentum to rise or fall. In terms of options, short-term implied volatility continues to decline, market makers are nearing the end of their position transfers, and volatility is expected to remain stable before the end of the year. The biggest pain points are currently $84,000 for BTC and $3,000 for ETH, but the biggest pain points of the year may expire, similar to previous years.