This month can be considered the most profitable month since the peak in March this year. It is expected that the first wave of this profit-making effect will last at least until Trump takes office, which is around mid-January, close to our Spring Festival time. Nowadays, the real economy is not doing well, but fortunately, with Trump taking office, the bull market in the B circle has started on schedule, bringing a wave of profit-making opportunities. However, we can also see that although it is a bull market, the long positions are still at a high level, so we must always control our positions well. After all, anything can happen in the market, opportunities are always there, and preserving the principal is key. While making profits, it is important to timely take some profits and secure them.
In my opinion, Bitcoin should stabilize around mid-December, and after that, it can continue to rise. After all, the market has high expectations for Trump announcing Bitcoin as a national strategic reserve on January 20th. By then, Bitcoin might just stabilize at 10+. Let's wait and see!
