【Block Rhythm】November has been a bit tragic for the crypto market. Bitcoin fell by 17.67% this month, looking back at the history, this is the worst November since 2018 - and back then, it directly faced a big dump of 36.57%.
The situation with Ethereum is not much better, with a monthly fall of 22.38%, also setting the worst record since 2018. Both major coins have handed in disappointing report cards.
However, historically speaking, December has performed quite well. Statistics show that the average increase of Bitcoin in December over the years can reach 4.13%, while Ethereum has even reached 5.72%. Of course, past data can only serve as a reference, and no one can predict the market trends.
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SatoshiHeir
· 12h ago
It should be noted that this monthly level of fall argument fundamentally commits a basic error—you are making statistical inferences using a very small sample size of historical data, which is as absurd as using 6 years of weather records to predict climate change. On-chain data shows that the selling pressure in November mainly came from tightening macro Liquidity, rather than a technical collapse, but everyone seems to love using sensationalist headlines like "hitting a historical low" to peddle panic.
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GigaBrainAnon
· 17h ago
November is really disastrous, BTC fell 17% and that's not the worst, back in 2018 it directly experienced a 50% Slump, this time is considered good
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A 22% fall, this is our Ethereum, no complaints
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Historical data looks good for nothing, no matter how high the rise in December, it won't save my Position
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Worst record in 6 years? I just want to know who is still buying the dip
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Wait, we survived the 36% fall in 2018, what's there to cry about for a 17% drop this time
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Ethereum is falling even harder than Bitcoin, well done
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Average rise of 5% in December? Just listen to it, don't really believe in this
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Who can tell me why we still look at historical data, the present is the present
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Both major coins have exploded, it really feels like a united effort
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CounterIndicator
· 17h ago
Oh my, this massacre in November... luckily not all went in
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The historical data is right here, a nice rise in December? But who dares to bet on it
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I think, the historical pattern is best used for Reverse operations
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A 17% fall isn't much, 2018 was truly despairing
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Every time I see this kind of data I want to buy the dip, but every time it turns out to be the last straw
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A 5.72% rise in December? You're kidding, past data has deceived me too many times
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Looking at it in Reverse, shouldn’t we be lying in ambush now
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If this wave of decline really is the bottom, we'll be rich, just afraid it might keep crashing down
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ApeShotFirst
· 17h ago
This wave in November was really amazing, both major coins fell over 17%, my Wallet is crying
Can December turn things around? Historical data says yes, but I don't believe it at all.
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GateUser-4745f9ce
· 17h ago
The market in November is really absurd, falling like this and still saying that previous years were worse? I don't believe you at all.
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They're starting to dig into historical data again, hinting that December will rise, aren't they tired of this trick?
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17%, 22%... both coins are being crushed, and retail investors are going to pay tuition again.
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Historical average rise percentages are just something to listen to and forget.
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It's already fallen to this extent and they're still talking about the probabilities for December; can we save November's Wallet first?
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Last year at this time it was several times the coin, and this year it's turned into worthless coins, is that it?
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An average rise of 4%... I'd rather hold a Short Position and wait for the market to give an answer.
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It sounds like "past data is only for reference"; then why should I look at historical data?
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GhostChainLoyalist
· 17h ago
The fall in November was indeed harsh, but thinking back to 2018 when it directly experienced a 50% Slump, this level of decline... isn't too bad, right?
The historical moving averages for December are there, but I feel like this time is precarious.
It's down 17 points, wake up everyone, this isn't the bottom.
Oh, why did it fall again, my coin...
Historical data looks great, but this time feels different, fren.
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DeFiCaffeinator
· 18h ago
November is really unbelievable, both major coins fell over 17 points, it's still the worst since 2018, directly gg
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It's not the first time there's been a big dump, what use is historical data, who knows if December will rise or not
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Wait, ETH fell 22 points and set a record? It feels like it dropped even harder before, is the data correct?
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Just get through November, the average rise in December is right there, just consider it a light snack before the meal
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This market really is something, every time they say historical data has great reference value, but then turn around and get Rekt, it's laughable
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BTC and ETH both had a big dump, luckily I didn't go all in, this wave can still hold on
The November market recorded the worst performance in 6 years, with BTC and ETH both experiencing a big dump of over 17%.
【Block Rhythm】November has been a bit tragic for the crypto market. Bitcoin fell by 17.67% this month, looking back at the history, this is the worst November since 2018 - and back then, it directly faced a big dump of 36.57%.
The situation with Ethereum is not much better, with a monthly fall of 22.38%, also setting the worst record since 2018. Both major coins have handed in disappointing report cards.
However, historically speaking, December has performed quite well. Statistics show that the average increase of Bitcoin in December over the years can reach 4.13%, while Ethereum has even reached 5.72%. Of course, past data can only serve as a reference, and no one can predict the market trends.