I don't know when it started, but there has been a saying in the market that there will be a crash during Christmas.
Thirteen specifically checked the past data and found it to be completely a rumor.
In the past ten years during Christmas, there were 6 declines and 4 increases.
In the past ten years, the probability of both increases and decreases in the entire month of December is 50-50.
Therefore, the statement that the Christmas market will correct is completely unfounded; everyone doesn't need to scare themselves.
However, there is one piece of data that everyone can focus on: the starting point of the last bull market began on Christmas, with Bitcoin and Ethereum both entering a 110-day violent bull market.
Bitcoin surged by 185%, Ethereum by 600%, Solana by 4200%, BNB by 2000%, Dogecoin by 1900%...
Will this bull market start a real bull market based on the Christmas time node? The probability looks very high at the moment.
Currently, the entire market is supported by macro quantitative easing policies, with mid-level ETF layouts and various positive micro data.
No matter how you look at it, the current market does not have the foundation for a deep correction.
Because institutions are still madly entering the market, raising the fair market price of Bitcoin.
For example, Ethereum, which is not performing well now, has most of its liquidity almost occupied by whales.
104 whales hold at least over 100,000 Ethereum, accounting for 57% of total liquidity.
Whales holding between 10,000 and 100,000 Ethereum account for 33.4%.
Retail investors holding less than 100 Ethereum have dropped to 9.19%.
This set of data indicates a serious problem: retail investors collectively do not have a positive outlook on Ethereum, while whales continue to collect chips from retail investors.
Considering Ethereum's performance during this period and various panicky statements, it's not hard to see who the opinion manipulators behind it are.
The information between the operators and retail investors is unequal; when retail investors begin to collectively have a negative outlook, we should instead firmly hold onto our Ethereum and not let it go.
Concentration of chips in a bull market can be seen as a major positive, making it very easy to push the market up.
At that time, retail investors will only be able to chase high prices to enter.