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K33 Research suggests that despite recent corrections and market fear, December may mark a turning point for Bitcoin’s price, with short-term positive developments outweighing long-term risks.

New analysis by Presto Research shows European traders led the recent cryptocurrency market downturn, while Asian and US markets remained relatively stable.

As the Federal Reserve’s interest rate decision approaches, major crypto investors (whales) are aggressively buying Ethereum and select altcoins like Aster, Pippin, and Chainlink, positioning for a potential market rally.

Long-term Bitcoin holders have seen their profits vanish as the market cools, with data showing a significant shift in profitability towards short-term holders. Despite the downturn, reduced selling pressure could signal a potential bottom for the market.

Despite billions in realized losses and a market downturn, large Bitcoin holders (whales and sharks) are aggressively accumulating BTC. On-chain data suggests this accumulation, combined with signs of a market bottom, could signal a trend reversal.

Despite a bearish market and significant outflows, Tom Lee’s BitMine has purchased 138,452 ETH worth €364 million in a single week. The move, alongside similar bullish bets from crypto whales, signals strong confidence from major players in Ethereum’s long-term prospects.

The crypto market rallied sharply, driven by a short squeeze and signals from the White House that the Federal Reserve may cut interest rates, leading to massive liquidations of short positions.

Ripple raised €430 million from major Wall Street firms at a €34 billion valuation, but investors secured significant protections due to the company’s heavy reliance on XRP, which has declined over 40% since July.

Bitcoin’s recent correction, driven by selling pressure from long-term holders, appears to have bottomed out after a 36% decline. With selling pressure easing, the market shows signs of maturing and may be poised for recovery.

Bitcoin is reclaiming the $90,000 level, sparking renewed optimism. Analysts suggest the bull market may continue as institutional demand absorbs retail selling, while Strategy (formerly MicroStrategy) reinforces confidence with a nearly $1 billion Bitcoin purchase.