December 11th Afternoon Analysis

After the Federal Reserve's interest rate cut and Powell's speech, Bitcoin continues to show extreme volatility, first quickly rising to around 94400, then turning to a continuous decline. The current price has fallen back to about 90000, with a total drop of over 4000 points.

Today's trading advice mainly revolves around going long at low levels. The support at 9000 may briefly break, but there is no need for excessive concern; if the market pulls back, it may actually be a good opportunity to set up long positions.

Trading advice is to go long when it falls back to around 89500-89000, with a target looking at 90800-91500. If it breaks through, continue to look at 92500. $SOL #美联储降息 #加密市场反弹