The two-day bear market has ended, and it's time to welcome the crazy imitation bulls! I have a feeling that by the end of the year, Bitcoin will break 120,000, and in January, it will surge to 150,000. The window for us to get on board is getting shorter and shorter!

The two-day bear market has ended. Last night, the CPI data was released, and both the broad and core figures, year-on-year and month-on-month, were exactly as expected. Although there was no surprise, it also means that there will be no unexpected interest rate cuts by the U.S. in December. The CME also indicated that after the CPI announcement, the market's expectation probability for rate cuts reached over 98%. This was the most important reason for the collective surge in U.S. stocks and the crypto market last night. In the U.S. stock market, there were also iconic events: the Nasdaq index created an all-time high (ATH), and the stock prices of Tesla, Amazon, and Netflix also reached ATH. These events greatly boosted market confidence. Additionally, the stock of MicroStrategy ($MSTR) is about to join the Nasdaq 100, and this is being discussed in the community. Bernstein believes that $MSTR is highly likely to enter this month. The day before yesterday, a Bloomberg analyst even provided the specific date for $MSTR's entry into the Nasdaq 100 as December 23, and the official announcement will be made this week. If this happens, the flywheel effect of $MSTR will accelerate, and more listed companies will follow suit to allocate Bitcoin, thus transforming into BTC banking businesses. This is definitely a potential big benefit hidden in the corners.