The crypto market is expected to experience limited bullish momentum as year-end liquidity remains weak, according to Greeks.live macro analyst Adam. Despite the positive impact of the recent Federal Reserve rate cut and renewed T-bill purchases, over 50% of crypto options are set to expire by December 31, creating potential volatility. Key resistance levels for Bitcoin and Ethereum are identified at $100,000 and $3,200, respectively.
Additionally, the market is witnessing a decline in implied volatility, with a negative skew in options pricing indicating bearish sentiment. This has led to an increased use of put options as investors hedge against potential declines, suggesting a cautious outlook for the crypto market as the year concludes.
Crypto Market Faces Limited Bullish Momentum Amid Year-End Liquidity Concerns
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