Financial Research Society ~ December 11, 2025

1. Sei will collaborate with Xiaomi to pre-install Web3 payment applications in new smartphones globally.

2. The Federal Reserve concludes 2025 as expected, lowering interest rates by 25 basis points.

3. The Federal Reserve reduces the benchmark interest rate by 25 basis points to 3.50%-3.75%, marking the third consecutive meeting of rate cuts, in line with market expectations, totaling a 75 basis points cut for the year.

4. Dutch International: Still expects the Federal Reserve to cut rates twice in 2026.

5. The Federal Reserve lowers rates by 25 basis points as expected; the dot plot indicates only one rate cut next year, with future decisions potentially depending on labor market data.

The interest rate cut is favorable news, with the market reacting as indicated by our expectations. Bitcoin rebounded to around 94000, but the daily pressure level could not hold, quickly dropping to around 90000, remaining in a downward bearish trend. The daily chart retraced to the Bollinger middle band, while the four-hour chart broke below the life line and the Bollinger middle band, forming a bearish engulfing pattern. Following the impact of news, after a rapid rise, it faced a sharp drop, still in a downward trend.

Bitcoin's reference volatility range today:

Support levels: around 88800, around 87900, around 87200

Resistance levels: around 91600, around 92500

Ethereum's reference volatility range today:

Support levels: around 3100, around 3030, around 2958

Resistance levels: around 3280, around 3340 #ETH走势分析 #加密市场观察 #美联储降息 #美联储FOMC会议 $BTC $ETH