From the current market capitalization proportion of Bitcoin, there may still be some room for a pullback. Of course, this also means that altcoins have certain opportunities for a rebound. After all, as Bitcoin's market capitalization proportion decreases, the market capitalization of altcoins will correspondingly increase.

Secondly, various data and events for December have been released, such as ADP (American Automatic Data Processing Employment Data), Nonfarm (Non-farm Employment Population Data), CPI (Consumer Price Index), interest rate decisions, etc. Additionally, the previously mentioned giant Microsoft will also decide at the beginning of this month whether to use Bitcoin as the company's reserve asset. If approved, it will undoubtedly increase buying power, but at the same time, market volatility will also intensify. In any case, this round of the bull market is advancing step by step according to levels and stages, from Bitcoin to the second-largest ETH, then from the second-largest to mainstream coins, and then to established sub-mainstream coins. For example, Ripple (XRP), which was suggested for layout near 1.3.

Currently, with a strong rebound of ETH, some altcoins have also seen certain gains, so a slight adjustment is a normal phenomenon. A true bull market for altcoins is brewing, and appropriate pullbacks do not affect the overall trend of the upcoming bull market, but rather provide opportunities for us retail investors.