Recently, BTC's trend has been a bit of a headache. Looking at the data: it fell by 3.69% in October, which is relatively mild. But in November, there was a direct big dump of 17.67%, which is quite significant. Even worse, on the first day of December, it fell again by 4.76%, not a great start.

Looking back at the historical records, we can find that Bitcoin last floated in the green for the entire Q4 quarter back in the winter of 2018. This situation now reminds many old players of that brutal year. After falling for three consecutive months, the market sentiment is indeed somewhat subtle.