Christmas is coming soon, and Americans are preparing for the holidays. At this time, some people may take some money from the stock market or cryptocurrency markets to prepare for gifts or celebrations. In the past, the market during Christmas could sometimes be a bit volatile, and people referred to it as a "Bloody Christmas," meaning the market might be quite grim then.
But now, we need to be cautious when looking at the market; don't short-sell casually, that is, don't easily guess that the market will drop and then sell short to make money, because the market sometimes doesn't play by the rules. If Ethereum and other cryptocurrencies drop a bit more, they might reach around 2800. For those who want to make money (long position), just set a rule for yourself: if it drops to 2800, sell out, so you won't lose too much.
However, for those who want to short-sell to make money (short position), it becomes a headache now because the market is still on the rise, with no clear signs of a big drop. This year's market is like a small appetizer before the big feast next year; the real banquet is still ahead, and next year's market might be even more explosive.
So, we need to look at the market from a long-term perspective now, don't pay too much attention to the temporary ups and downs, and have a stable investment plan ready to welcome next year's big market. Don't be scared by the short-term fluctuations of the market; stay steady and don't act impulsively.
Key point: The bull is still here! The bull is still here!! The bull is still here!!!
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