The show for November is almost coming to an end, to put it simply, the aftershocks of the big dump on October 11th are still shaking.

December? I think it will be very fragmented. The beginning might be fine, but we need to be cautious moving forward. The reason is simple - the expiration of options at the end of the quarter and year is clustered, and this is not something to take lightly. Additionally, there is huge pressure on liquidity as the US stock market needs to cash out for the New Year.

I flipped through the performance of BTC in December over the past few years, and the data is right there (see the chart below). History doesn’t repeat itself, but it loves to rhyme. Remember to leave some margin for maneuver this month, don’t go all in chasing the highs.