I'm pretty sure that with the long time frame still have in bitcoin market before the halving, there is still a thought in most of our mind to expect that most people will probably sell their holdings and get the profit for the last 2or three times. Then followed by a market correct tion that will prepare each and everyone of us to buy the largest volume we could. With this, if ee plan to hodl bitcoin for longer time, we might miss the profits we should have even before the halving starts.
Yeah, actually you can see it already in many exchanges. A lot of sell orders around this range, so people are basically thinking the price will retreat. Which of course it will given how quickly it rose in this time frame. But the buyers also seem to be willing to get a bit more aggressive in this new year and they will probably have enough steam to last all the way til May.