Hello Pumpcember 2023

In the early morning of December 3, 2023, the price of BTC today rose to its highest level since the beginning of the year.

Previously, the largest cryptocurrency by market capitalization recorded a sharp price increase, reaching over 39kUSD and approaching 40,000 USD. At the time we wrote this article, BTC price was trading at over $39,400 USD.

The fact that Bitcoin price today increased to a new high compared to the beginning of the year is said to be:#1Comes from investors' comments about the Federal Reserve Chairman, Jerome Powell, saying that interest rates will not change, at least until 2024.#2The hopes of traders and the broader crypto community that the US SEC may soon approve the first Bitcoin Spot ETF linked directly to Bitcoin promises to push prices up.

For those of you who are trading futures, according to personal opinion, temporarily reduce your short position in BTC or altcoins. If you get too crushed, short at low cost and manage risk carefully.

$BTC $ETH

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