The start of December is not peaceful, as the market is falling and various bad news is coming to join the excitement.

First there was the wave of regulatory actions at the end of November, followed by the Bank of Japan hinting at interest rate hikes, and rumors of a certain institution's tentative reduction in holdings also surfaced, along with that essay about the Federal Reserve Chairman circulating everywhere. Even worse, the stability rating of USDT was downgraded, combined with a series of attack incidents that began in mid-November - among this pile of negative news, there is always something that can hit you.

Is it really considered a bear market now? The fluctuations this month are bound to be significant.

Key time points to keep an eye on: When will the non-farm payroll data be released, how to speculate on interest rate cut expectations, and the quadruple witching day on December 19 (the day of concentrated settlement for U.S. stock options and futures), which is likely to see significant volatility. Personally, I tend to favor a drop followed by a rebound.

By the way, the new regulations related to ETH and stablecoins are also worth noting, as they could become catalysts for short-term market movements.