How to view the market situation in December? Let's first present two hard data points.

Article 1: In the month of November that just passed, the BTC monthly close fell directly below the lifeline. This is the first time since the rally started in November 2022.

Article 2: Looking at the weekly chart, it has been closing below the lifeline for three consecutive weeks.

These two points are not just random guesses; they are based on real market trends. Based on these facts, a relatively clear judgment can be made—that the peak on December 6th is very likely the top of this cycle.

Even if there is a rebound later, no matter from which position it rises, it will be difficult to break this high point again in the short term. At least for the next year, this should be the situation.