https://www.coinglass.com/todayBased on the charts here, December so far is really bad.
2016: The Nov (+5%) to Dec (+30%) sequential acceleration was +25pts.
2020: The Nov (+42%) to Dec (+47%) sequential acceleration was +5pts.
2024: The Nov (+37%) to Dec (-1%) sequential deceleration is a whopping -38pts.
One can argue that perhaps it’s due to the strong YTD performance in 2024 (which I can’t compare easily to 2020 and 2016 on these charts, but I’m pretty sure that’s true).
However, with all that said, what are your thoughts for next week? Either for 12/31 or 1/3?