12.11 After the Federal Reserve's interest rate cut, how far can BTC and ETH break through?
The Federal Reserve's new round of interest rate decisions landed as expected in the early morning, with a 25 basis point rate cut that met market expectations. However, it also expressed concerns about the current labor market and inflation, emphasizing that the impact of tariffs on inflation is one-off. Nonetheless, Trump expressed dissatisfaction with this rate cut, believing it could be increased further. Next, we will focus on Trump's movements.
At 8 AM, the daily close settled below 92800, indicating that there is still room for a pullback below, with the current lowest dip around 89300; do not blindly chase shorts. The current BTC market is in a sideways consolidation phase, with neither technical aspects nor the external environment providing clear trend guidance.
In terms of the external environment, market sentiment is neutral, with macroeconomic indicators (such as the US dollar index and treasury yields) showing no significant changes, which have not posed clear pressure or support for the market. On the news front, mixed factors are at play; positive factors include expectations for the Federal Reserve's interest rate cut, technological breakthroughs from Polygon, and inflows into BTC ETFs, while negative factors include US debt pressure, panic sentiment in the crypto market, and regulatory uncertainty.
BTC trading suggestion: Buy at 89500-89900, target 91600, breakout target 92800.
ETH trading suggestion: Buy at 3180-3195, target 3262, breakout target 3310$BTC #加密市场反弹
The Federal Reserve's new round of interest rate decisions landed as expected in the early morning, with a 25 basis point rate cut that met market expectations. However, it also expressed concerns about the current labor market and inflation, emphasizing that the impact of tariffs on inflation is one-off. Nonetheless, Trump expressed dissatisfaction with this rate cut, believing it could be increased further. Next, we will focus on Trump's movements.
At 8 AM, the daily close settled below 92800, indicating that there is still room for a pullback below, with the current lowest dip around 89300; do not blindly chase shorts. The current BTC market is in a sideways consolidation phase, with neither technical aspects nor the external environment providing clear trend guidance.
In terms of the external environment, market sentiment is neutral, with macroeconomic indicators (such as the US dollar index and treasury yields) showing no significant changes, which have not posed clear pressure or support for the market. On the news front, mixed factors are at play; positive factors include expectations for the Federal Reserve's interest rate cut, technological breakthroughs from Polygon, and inflows into BTC ETFs, while negative factors include US debt pressure, panic sentiment in the crypto market, and regulatory uncertainty.
BTC trading suggestion: Buy at 89500-89900, target 91600, breakout target 92800.
ETH trading suggestion: Buy at 3180-3195, target 3262, breakout target 3310$BTC #加密市场反弹
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