The bull market will naturally not end easily, but there have always been pullbacks. Here are a few key references:
1. On the 10th, there will be a Microsoft shareholder fund meeting, which is also very important. It will decide whether to invest in purchasing Bitcoin, with about $20 billion in funds at stake, which is a significant amount. If this comes in, it will definitely be a positive for the crypto market.
2. Christmas is approaching, and historically, the market tends to drop during this period, so caution is warranted.
3. From the data, the U.S. will lower interest rates on the 18th, while Japan will raise rates on the 19th, which is quite contradictory. We cannot avoid sharp fluctuations, and our community always provides timely points for trading.
4. As the year-end approaches, it also means there is a probability of capital fleeing. Every year during the New Year, there tends to be a drop. Everyone needs cash.
5. Next year, Trump will take office, and Bitcoin will be included in the U.S. strategic reserves. This will be beneficial for the entire crypto sector.
Is it both bearish and bullish at the same time? Institutions want this effect to catch people off guard. It is even more necessary to grasp the direction of the market at all times, especially for friends trading contracts. One should reduce positions if needed, and not make a flurry of operations before the bull market has even arrived, resulting in the loss of all capital. A Bitcoin price of $100,000 is merely a stepping stone, a new starting point.
