12.11 Mixed feelings 1. The downside is that last night's rate cut didn't help BTC break through the 94,000 resistance level in one go; instead, it surged and then pulled back. 2. The upside is that BTC has rebounded over $10,000 since 8,500, and the hourly chart still shows a bullish trend with higher highs and higher lows. 3. If BTC breaks below the previous low on the hourly chart, disrupting this bullish structure, it might retest the previous low.