Cryptocurrency Market Situation and Opportunity Analysis

I. Bitcoin Market Capitalization Share and Altcoin Recovery

From the current market capitalization share of Bitcoin (the main cryptocurrency), there may still be some room for a pullback.

This situation means there is an opportunity for altcoins to recover. After all, when Bitcoin's market capitalization share decreases, the market capitalization of altcoins usually rises accordingly.

II. December Data, Events, and Impacts

Many key data points and events for December have been gradually announced, such as ADP employment data, non-farm payroll data, CPI, and interest rate decisions.

Additionally, the previously mentioned giant Microsoft will also decide early this month whether to include Bitcoin as a company reserve asset. If approved, buying pressure will increase, but market volatility will also intensify.

In any case, this round of the bull market is gradually advancing by levels and stages, starting with Bitcoin, then Ethereum (ETH), followed by mainstream coins, and then established altcoins, similar to Ripple (XRP), which was suggested for positioning around 1.3 previously.

III. ETH Rebound and Altcoin Trends

Currently, with the strong rebound of ETH, some altcoins have also seen certain increases, so a slight adjustment is a normal situation.

The real bull market for altcoins is forming, and appropriate pullbacks do not affect the overall trend of the subsequent bull market; instead, they provide opportunities for small retail investors.

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