$BTC December 11th Bitcoin and Ethereum Market Analysis

Bitcoin has fallen below the $90,000 mark, and a new round of 4-hour level decline has officially begun. The expected range of 95-96k yesterday was not reached. If there is a small rebound during the day, it will be an opportunity to look for high-level shorting opportunities. Ethereum's trend roughly follows that, and a 15-minute level rebound is expected for technical correction. The key point to watch is whether the price can effectively recover above $3,250 to temporarily halt the decline. The market's short-term structure has weakened, so trading should shift to a rebound and shorting strategy.

The Federal Reserve cut interest rates by 25 basis points as expected, but Powell's hawkish speech emphasized “reducing the probability of rate cuts next year,” which increased market concerns about subsequent liquidity easing, and the expected effect of easing was not as strong as anticipated.