English Community Daily Briefing #daily

=====
Release Date: 2025-12-26

Overall Market Sentiment
=====
The community remains cautious to bearish on the cryptocurrency market, with traders tending to sell option premiums rather than make directional bets. Key trading activity is centered around the December 26th options expiration at the price level of 88,770. Traders discuss the maximum pain point near 98,134. The probability model shows a 6-month outlook with a 2-standard deviation of -17k, and market interest is also shifting towards the metals market.

Options Strategy Shift - Selling Premiums in Uncertain Markets
=====
• Traders plan to implement bullish spread and naked put selling strategies, focusing on overall selling more call options while maintaining short-term bullish and bearish positions at specific ratios to capture premiums in a low-confidence environment
• One trader executed an ETH short straddle with strike prices of 2750/3150, expiring on January 2nd. Despite advice to stay on the sidelines, this highlights the challenge of overtrading during periods of low liquidity over the holidays
• A consensus is forming to avoid trading until next Monday. Traders recognize that selling short-term bull spreads and long-term naked puts may be the optimal approach, although some are considering shifting to a simple iron condor strategy given market uncertainty