December's here and everyone's asking the same question: are we getting that classic Christmas rally or what?
Historically, Q4 tends to bring some festive gains, but this year's macro conditions are wild. Inflation data still shaky, Fed's stance unclear, and crypto correlation with traditional markets is tighter than ever.
Some traders are betting on year-end portfolio rebalancing to pump prices. Others think institutional players already front-ran the move back in November.
What's your take? Will Santa bring green candles this December or are we heading into a sideways grind through the holidays?
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GasFeeDodger
· 6h ago
I think this wave is likely a purgatory market, don't think too much about it.
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NotSatoshi
· 6h ago
To be honest, I am not optimistic at all right now. The institutions left in November, and now those who are entering the market are all dumb buyers.
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rekt_but_not_broke
· 6h ago
Nah, Santa might have to take a leave this time, as the institutions already unwrapped the gifts in November.
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LiquidatedDreams
· 6h ago
Hi, I've already been Get Liquidated by Santa Claus, haha. Now I'm just waiting to see if the year-end rebalancing can save me, but I feel like the institutions have already run away.
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OnchainGossiper
· 7h ago
Another cycle of history? I think it's doubtful, institutions have already Clip Coupons in November.
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NFTArchaeologist
· 7h ago
Ngl, to be honest, the institutions have already exited, and entering now is just being a dumb buyer.
December's here and everyone's asking the same question: are we getting that classic Christmas rally or what?
Historically, Q4 tends to bring some festive gains, but this year's macro conditions are wild. Inflation data still shaky, Fed's stance unclear, and crypto correlation with traditional markets is tighter than ever.
Some traders are betting on year-end portfolio rebalancing to pump prices. Others think institutional players already front-ran the move back in November.
What's your take? Will Santa bring green candles this December or are we heading into a sideways grind through the holidays?