#数字资产市场观察 I continue to be bearish in December, this is my current judgment.

Yesterday, as soon as the monthly line closed, it began to test downward. I flipped through today's monthly K-line and found that $BTC is still barely above MA20, but $ETH has already fallen below this line. According to past experience, Bitcoin usually holds up better than Ethereum—if BTC can't hold MA20, ETH is likely to head straight for MA60.

The MACD indicator is quite honest as well. The monthly candle for December is still within the adjustment channel, and the downward movement is likely not to end so soon. Additionally, there is a practical factor: the end of the year is approaching, and market makers and various funds need to settle their accounts, which will pull some liquidity out of the market.

So my conclusion is: this month will mainly focus on shorting, and the MA20 support line for BTC is unlikely to hold. Everyone should pay attention to risks while trading and avoid blindly trying to catch the bottom.