There is a significant divergence regarding whether BTC will correct or rise around Christmas. One side believes that from Christmas to New Year's Day is the New Year in Europe and the United States, and there will be selling to take money for the holiday. The other side believes that Christmas and New Year's Day are after the third interest rate cut and are major holidays, which require a rally to create a festive atmosphere. For seasoned traders, these two points are the most conventional thoughts. What do you think?
Let's discuss logical thinking. Those who hold the first viewpoint purely speculate on the market from the perspective of the big players, and I think you need to consider these questions: Is the cryptocurrency market necessarily sluggish with no trading from Christmas to New Year's? How much impact does retail selling to take money for the holiday have on the market? In the past few years, rallies from Christmas to New Year's have been common; how do you explain that? Did you know that the main players sometimes even work on Sundays to rally the market?
Those who hold the second viewpoint are correctly assessing the current market situation. The principle is simple; do not overly speculate on the thoughts of the big players. A big bull market is simple; it will only truly start to correct after all the good news is out. December 18 is the last interest rate cut of the year, which will release the roadmap for next year's rate cuts; this expectation of good news has inertia effects. In the medium term, there won't be any significant deep adjustments at least until January 20, when Trump is officially inaugurated. Moreover, the week before and after the Chinese New Year has traditionally been a time for significant market movements; thus, overall, there is not much demand for adjustments from December to February. The only thing bulls need to watch is the expectation of interest rate hikes in Japan. As far as I know, the Bank of Japan is considering postponing the interest rate hike at the next monetary policy meeting. This negative expectation has basically been ruled out this month.
Currently, the BTC market is performing very healthily; even on the 4-hour level, it hasn't deteriorated. If you are speculating that there will be a crash, especially after January 10, that is somewhat ridiculous. The logic of a bull market is different from that of a small bull; there is no need to be timid when buying on dips.