PANews reported on December 7th, citing CoinDesk, that K33 Research analyst Vetle Lunde stated that December could be a turning point for the recent crypto market, with structural upside potential forming. Bitcoin's current valuation reflects market panic more than fundamental factors, and the probability of a significant market rally is far greater than the probability of another 80% drop. December may present a good opportunity for aggressive buying. K33 believes the market is overreacting to distant threats, such as the risks of quantum computing and a potential sell-off of Bitcoin by Strategy (MSTR), while ignoring recent strong signals, including the potential allowance of cryptocurrencies in 401(k) retirement accounts and the Federal Reserve's shift towards supporting cryptocurrencies.