Currently, the market is filled with risk-averse sentiment. This month, there is Christmas next week, and New Year's Day is coming soon. During this period, liquidity is very low, the US stock market is closed, and it is completely influenced by retail investor sentiment. Although the market is in a pessimistic state, there are still catalysts worth looking forward to in January next year.
On January 20, Trump will officially be inaugurated as president. Changes under favorable policies will encourage institutions to confidently and boldly invest funds into the cryptocurrency market, thereby raising the prices of crypto assets. For instance, Bitcoin saw a monthly return increase of over 44% during the Lunar New Year in February this year. January 29 next year is the Lunar New Year. Perhaps the market will see a turning point in January.
In addition, the FTX restructuring plan will take effect in early January, with compensation funds being processed through fiat and stablecoins, returning billions of funds to the market.
Although January next year is worth looking forward to, we must not be complacent. The market cycle is highly volatile, and investors should pay attention to risk control.
