Several important economic events are approaching this month, worth paying attention to the non-farm data on the 5th, the CPI on the 11th, and Christmas on the 25th.

Especially Christmas, which is like the Spring Festival for foreigners, institutions often promote based on the annualized interest rate and may take advantage of it. Given that the monthly closing price of BTC in November saw an increase of nearly 50%, early entrants and large holders have made substantial gains, which could bring selling pressure risks, similar to the pullback when BTC was close to 100,000.