On December 11, Bitcoin surged to 94,000 after the interest rate cut, then fell back to erase all gains. "Federal Reserve spokesperson": Three interest rate cuts fail to quell internal disputes; we must be wary of "stagflation risks."

12.11 Bitcoin and Ethereum: False Breakout or Real Pullback? Focus on Key Support Levels and Their Gains and Losses

In yesterday's midday market analysis, the low volatility strategy provided was successfully executed before the Federal Reserve announced the interest rate cut in the early morning, allowing us to realize good profit margins. Congratulations to friends who followed along!

Analyst Chen Shu: On December 11, is Bitcoin and Ethereum's false breakout a real pullback? Pay attention to the gains and losses of key support during the retracement.

Analysis

The Federal Reserve announced a continued interest rate cut of 25 basis points, marking the third rate cut by the Fed this year. Powell's speech was dovish, and the market reacted quite strongly, with the market trend aligning with Yanling's predictions.

Due to the lagging nature of MACD, it is currently in a state of increasing volume, but the market has shown long upper shadow candlesticks for two consecutive days, indicating that there is strong resistance above.

December 11 Crypto Circle Afternoon Report: Overnight Shock! The Federal Reserve's interest rate cut is unlikely to save the crypto market. The dollar fell, but the crypto market did not rise and instead dropped. Key support is in jeopardy, keep a close eye on these two numbers!

Determined by the wind

I believe BTC is forming its own weekly right shoulder high this month.

Do not be disturbed in your heart, do not be trapped by emotions. Only by strategizing from within can one achieve victory from afar. Among the vast waters, take only a ladle; take what you need, do not be greedy, do not seek conflict. Be flexible in your approach, maintain control over your success, and only then can you...

Stay calm in heart, untroubled by emotions. Only by strategizing from within can one achieve victory from afar. Among the vast waters, take only a ladle; take what you need, do not be greedy, do not seek conflict. Be flexible in your approach, maintain control over your success, and only then can you...

Old Lv from the crypto circle: Bitcoin prepares in advance for the evening Federal Reserve decision! Operate within the Ethereum range of 3100-3590.