On December 11, it was announced that the interest rate would be cut by 25 basis points to 3.50%-3.75%, and there are plans to purchase government bonds to inject liquidity into the market. Theoretically, this is positive news, but the impact has been 'priced in' in advance, and internal policy differences have muted the response, leading to a lackluster or even negative market reaction. The main holders have shifted from retail investors/whales to institutions like ETFs and listed companies, which compresses short-term volatility but creates new 'tail risks' (for example, concentrated redemptions by institutions may trigger greater selling pressure).
Bitcoin technical analysis:
The daily chart forms a 'bear flag' pattern. If it breaks below $90,000, the theoretical target could drop to $67,000. The short-term direction depends on the support at $88K-$89K: if it holds, it may bounce back to $94,000; if it breaks, it may drop to $85,000.
Ethereum technical analysis:
Monitoring for bullish divergence, indicating that the price may experience a fluctuation of 9-16%.
Bitcoin $BTC intraday trading strategy:
Bullish outlook: When the price stabilizes in the support area of $88K-$89K, consider accumulating in batches, with a stop loss set below $88,000.
Bearish/cautious outlook: Wait for the price to clearly break through the resistance at $94,000 before considering entry, or act on a downward trend if it falls below $83,500.
Ethereum $ETH intraday trading strategy:
Bullish outlook: Enter when the price finds support near $3,150, with a stop loss set below that level.
Breakout strategy: Wait for the price to break through the resistance at $3,400 with volume before entering, with the target potentially higher.
