Outlook on Cryptocurrency Market during Christmas
1. Current Market Situation
The cryptocurrency market usually shows a volatile correction during the Christmas period, and is currently in a slow selling phase. The rebound after the sharp drop on the 20th has ended, and the volatile correction is expected to continue until the holidays are over.
2. Is the Bull Market Over?
The bull market is not over. The interest rate cut cycle has just begun, which is favorable for the cryptocurrency market. Moreover, Trump has not yet taken office, and the market still holds expectations for potential policies, so the bull market is likely to continue.
3. Timing for Bottom Fishing
Consider bottom fishing after Christmas, but it should depend on market trends. Currently, it is suggested to establish a primary position and adopt short-term swing trading. For altcoins, with the Trump family's bottom fishing actions, there are opportunities, and the market changes should be viewed positively.
