In December, several important economic events are approaching, including the non-farm payroll data on the 5th, the CPI on the 11th, and Christmas on the 25th.

Christmas abroad is similar to the Spring Festival; institutions and large investors often market based on annualized returns and may liquidate.

In November, BTC rose nearly 50%, with early institutions and large investors profiting significantly, which may pose a selling pressure risk, similar to the pullback when BTC approached 100,000.

If holding altcoins or if the trading strategy before Christmas is poor, it is advisable to switch to stablecoins or sell to hedge.

Profitable investors should lock in profits to avoid significant fluctuations.

Long-term investors are less affected by Christmas, as there are also New Year's Day and the Spring Festival afterward,

the market may perform well, and one just needs to focus on short-term selling pressure to avoid large fluctuations.