[edited out]
My fear is we do the eft in dec and run up solid.
A lot take profits in Jan and we tank solid.
The whole bull momentum gets slowed.
With mining slower bullruns are better the last year with gradual up tick has been good for me.
From the perspective of preferring bullruns to playout a bit more slowly (if they might end up occurring), then I would see why there would be a preference for January rather than December, so maybe along those same lines, the SEC might prefer to put off some of the exuberance a bit too..,
which would also justify January rather than December - even if the puppet master of the SEC (aka blackrock) might be pushing the SEC to have the approval in 2023 rather than 2024.. but you never even know with Blackrock, they might also be o.k with being able to continue to gather up cheap coins for a bit longer (one month-ish).. if they might already have pretty good ideas that approval is going to be taking place, but it is just a matter of it happening in January instead of December.