#感恩回馈

Today is the 169th day of my dynamically writing posts, and I haven't missed a day. [Smile] [Smile] [Smile] Each post is not done perfunctorily, but prepared carefully. [Lovely] [Lovely] [Lovely]
I have set a small goal for myself, which is to persist in writing for a year. If you think I am a serious person, you can follow me, and I hope that the daily content can help you. [奋斗]喜欢Spot能跟上的, I share for free.
Since Trump's election, BTC has been like a wild horse, galloping towards $100,000. The market's fear of missing out was severe, and it wasn't until the last week of November that it eased slightly. Crypto Assets are becoming the subject of legislative protection in the traditional world, and are truly entering everyone's lives. If Trump's election led BTC to new highs, then Musk completely ignited the MEME track. With Musk joining the 'Trump 2.0' government team, there was a violent surge in the concept of Musk coin at one point. Behind this short episode is a long-term narrative: as a leader in technological innovation, Musk's potential political influence may accelerate the progress of encryption technology, such as promoting the integration of AI and blockchain.
Why does BTC both rise but not go up and fall but not down these days? Just the following few things:
1. Microsoft Proposal: On December 10th, Microsoft will vote on the proposal to include BTC in the company's assets. This Favourable Information may have been already priced in by the market, so be aware of the risk that "Favourable Information is Unfavourable Information".
2. Japanese Interest Rate Decision: Japan will hold an interest rate meeting on December 18-19, and there are rumors in the market that there may be a rate hike.
3. Holiday Effect: With Christmas, New Year's Day, and the Spring Festival approaching, Liquidity may be restricted, and the market in the second half of the month may become less favorable.
Speaking of XRP again, its 'rapid' rise is driven by many factors, such as the expected regulatory approval of its stablecoin and the potential listing of XRP ETF. It seems that strong buying interest from Korea has led to this large-scale Rebound. Retail investors are looking forward to it breaking $3, but I am very worried. Because upon reviewing, you will find that in April 2021, XRP pumped to nearly $2 out of the blue. However, it almost collapsed by 75% in just two months. Back in 2018, the Token also crashed by 92% after reaching the current All-time high of $3.4. Whether this time will be different remains to be seen.
Remember that the December market usually experiences large fluctuations.
Suggestion: Control the risk, suggest reducing the position to one-third, and remain cautious in dealing with market Fluctuation.

Keep up with my posts every day, don't fall behind, it will definitely bring you gains and growth! Wish you smooth trading [smile]
(Warm reminder: I usually don't reply to questions from those who don't follow me. Everyone's time is precious)