Is December going to see a pullback according to the previous patterns or a complete washout? First, regarding Bitcoin: based on the current market capitalization share, there may still be some room for a pullback, which also means altcoins have corresponding room for recovery since Bitcoin's market cap share has decreased, leading to an increase in altcoins' market cap.
Secondly, various data for December has been released, such as ADP, non-farm payrolls, CPI, and interest rate decisions. Additionally, the previously mentioned giant Microsoft will also decide at the beginning of this month whether to make Bitcoin a reserve asset for the company. If approved, it will undoubtedly strengthen buying power, but at the same time, market volatility will increase.
However, Ethereum is still some way from a real breakout; it can only be said that Ethereum has significant upside potential, and buying in batches is key during critical periods.
A real bull market for altcoins is brewing. Appropriate pullbacks will not affect the overall trend of the upcoming bull market; rather, they present opportunities for us retail investors.
What about altcoins? The altcoin bull market has officially started. Bitcoin is experiencing fluctuations and adjustments, but altcoins are no longer affected by it. The altcoin season is unfolding; everyone should pay close attention to altcoins, as various coins are expected to see significant price increases this month.
With XRP taking the lead, and as the ceilings of various sectors are being broken, more related altcoin projects will take off.
Three must-shares for everyone:
During a bull market, do not frequently change positions, do not frequently cut losses, do not play contracts, and learn to take profits.
