Is a major pullback on the way?

I don't know if you all feel this way: this time Bitcoin breaking 100,000 feels a bit like a scam!

Last month, with Bitcoin at 30,905,326,973, it was just 400 dollars short of 100,000, some retail investors missed the opportunity to cash out, and others didn't manage to exit successfully. Now that it has reached 100,000, those who should exit can exit, and those who should cash out can cash out. It's similar to the double-headed bull structure from 2021, of course, this is a small cycle, and the bull market phase is still in the early stages.

Currently, many cryptocurrencies have seen good gains, and as the manipulators lift the prices, it becomes increasingly burdensome, so the washout that needs to happen is coming.

Of course, I have to admit my caution; I closed my long positions, but that is just my personal trading (I still hold my spot positions). This action is not investment advice; please disregard it.

If there is a pullback, as mentioned in previous tweets, this round of pullback is expected to be 15-20%, which means Bitcoin could drop to 80,000-85,000 (aggressively breaking 90,000 would be an opportunity to dollar-cost average in), with altcoins starting at a 30% drop.

Upcoming major events in December include:

December 6: U.S. non-farm payroll data; December 11: U.S. CPI; December 12: European Central Bank interest rate decision; December 19: Federal Reserve, Bank of Japan, and Bank of England interest rate decisions; Christmas could turn into a 'Christmas disaster'.

Lastly, I want to add that the big bull market has just begun. Protect your capital, as there will always be opportunities in the future, and 'the massive surge you can’t imagine' is coming!