The Federal Reserve's rate cut as scheduled initially pushed the crypto prices up before pulling back, attempting a bottoming out on good news! The 12.11 Bitcoin "姨太" strategy

The Federal Reserve cut interest rates by 25 basis points as expected, but the December dot plot shows only one rate hike forecast for 2026, well below market expectations. Although Jerome Powell criticized “too little rate cuts,” this month’s expansion of $40 billion in short-term U.S. Treasury purchases (non-QE), targeted easing of overnight loan market pressures, and unexpected liquidity injections led to a short-term rebound in stocks and crypto prices. However, Powell emphasized that current interest rates are in the high neutral zone, and the policy has no preset path, so crypto prices subsequently fell again! Yesterday, everyone was warned to be cautious of Powell’s speech suppressing crypto prices as expected, but it was too late to hold out until his speech!

The daily chart closed with a bearish candle this morning, with the rebound halted at the upper Bollinger band on the daily chart. Therefore, today’s focus is on whether the price can hold above or break below 94,500. It has already broken below yesterday’s low early this morning. Although technicals are somewhat bullish, it’s currently unable to break through in the short term. So, intraday, a pullback can be expected, waiting for stabilization before entering long positions!

12.11 Long entry strategy:

Buy on pullback at 90,000-90,500 for Bitcoin, conservative traders can enter at 89,000-89,500, with a stop around 88,000. Target near 92,000-93,000, and if breached, look at 93,500-94,500. Continue moving stop-loss to lock in profits as needed!

Ethereum pullback entry at 3,120-3,150, conservative traders can enter at 3,050-3,080, with a stop around 3,000. Target near 3,250-3,300, and if breached, look at 3,380-3,400-3,430. Continue adjusting stop-loss accordingly!

12.11 Short entry strategy:

Bitcoin short on rebound from 94,500-95,000, with a stop around 96,000. Target near 93,500-93,000, and if breached, look at 92,000-91,000. Continue moving stop-loss as needed!

Ethereum short on rebound from 3,420-3,450, with a stop around 3,500. Target near 3,350-3,300, and if breached, look at 3,280-3,250. Continue adjusting stop-loss accordingly!

The low expectation for rate cuts in 2026 supports the bottoming strategy this month, and yesterday’s warning about Powell’s speech likely weighing on crypto prices has been validated. Recent declines are limited, so it’s possible to do dollar-cost averaging on longs while awaiting positive news!#广场发帖领$50