Why can't this curse be broken? Every time at the beginning of the month, the crypto market experiences a pullback. Currently, Bitcoin is testing the support around 95k. If it holds, we will continue to challenge the six-digit mark; if it doesn't hold, it may have to explore downwards again, testing the support at the integer level of 90,000. So will December follow the old pattern of pulling back to reach a new high, or will it completely wash out? What will happen to altcoins? Be sure to remember to like, follow, and save, and you're welcome to come back at the end of the month for the real proof.

First, from the perspective of Bitcoin's current market capitalization share, there may still be some room for pullback, which also indicates that there is a corresponding room for altcoins to catch up. After all, when Bitcoin's market cap share decreases, the market cap of altcoins will come up accordingly.

Secondly, various data for December and the world have been released, including ADP, non-farm payrolls, CPI, interest rate decisions, and also the previously mentioned Microsoft, which will decide at the beginning of this month whether to include Bitcoin as part of their reserve assets. If approved, it will undoubtedly increase buying power, but at the same time, market volatility will also intensify. In any case, this bull market is progressing step by step according to levels and stages, from Bitcoin to the second-largest $ETH, from the second-largest to mainstream and then to established sub-mainstream, just like the Ripple $XRP that we suggested to position around 1.3.

Currently, with a strong rebound from the second-largest, some altcoins have also seen a certain increase, so a slight adjustment is normal and is part of the brewing of a true altcoin bull market. An appropriate pullback will not affect the major trend of the upcoming bull market; instead, it presents opportunities for us small investors.