📊 December 11th midday Bitcoin
#BTC Market Comprehensive Analysis and Latest Support and Resistance
Key Event Review and Latest Situation Analysis: In the early hours of today (December 11th), the Federal Reserve (Fed) announced a 25 basis point rate cut (interest rate lowered to the 3.50%-3.75% range). This aligns with market expectations.
Market Recap: After the announcement, BTC temporarily surged to around 94,500 USD (“buy the rumor” climax), then quickly faced selling pressure (“sell the news”), with the price falling nearly 5,000 points from the high, breaking through two key levels at