The current good news is that MSTR has been included in the Nasdaq 100, and institutional funds are continuously increasing their positions, which undoubtedly injects more confidence into the market and sets the stage for BTC to continue its rise!
I hope that tonight will see a significant performance from the ETF, meaning that BTC won't be dumped, and the sentiment remains strong.
Then this week, there is only the Federal Reserve's interest rate meeting left, and a 25 basis point cut is basically a foregone conclusion, with only Powell's speech potentially stirring up new market sentiment. Japan is unlikely to raise interest rates this month, so in the upcoming market, we must pay more attention to our spot costs, as there are only a few days left until Christmas!
Christmas is a risk, as the US stock market will be closed, and without market makers, BTC's performance may be uncertain. If BTC drops, then altcoins may look bad.
Therefore, the position control that has been repeatedly mentioned, holding short-term positions and so on, in order to maximize profits, one should consider starting to reduce positions around the 20th of December, just before Christmas.
