The Federal Reserve cut interest rates by 25 basis points this time, bringing the rate range to 3.50%-3.75%, which aligns with Trump's expectations last night.
Bitcoin's movement basically followed the script—initially spiking on the news, then starting to retrace and sell off. Ethereum, on the other hand, remained relatively calm, but Bitcoin responded strongly, jumping to 94k right after Powell's speech. It is now hovering around 90k again.
This kind of market condition is really not suitable for bottom-fishing; it's better to wait and see how things develop. Market sentiment is still digesting the impact of this rate cut, and short-term fluctuations may continue.
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GasGrillMaster
· 7h ago
Damn, it's the same old trick again—buy the high and sell the low, always the same every time
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94k pushed up and then stabbed; I’m just watching, waiting for it to drop again
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As soon as Powell speaks, the coins go crazy, now he's back to being cautious, truly unbelievable
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Still trying to catch the bottom? This volatile market is full of knives when trying to bottom fish
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Trump's predictions were on point, but so what? The coins still have to obediently retrace
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Why is Ethereum so stable? Bitcoin is just bouncing around there
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NullWhisperer
· 12-11 15:00
actually, the fed doing exactly what trump wanted is kinda the whole problem here—market's too predictable when policy becomes theater. bth, watching btc pump to 94k then dump back to 90k is literally textbook volatility exploitation, vulnerable to liquidation cascades if sentiment flips. needs further review before anyone catches knives on this dip.
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TokenVelocityTrauma
· 12-11 06:55
94k is back to 90k, I'm tired of this routine. Do you still want me to buy the dip? Dream on.
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GasFeeNightmare
· 12-11 06:55
94k is back to 90k. This move is really amazing. The villagers probably won't get caught in another round of liquidation, right?
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ContractExplorer
· 12-11 06:42
94k is up again and dipping in, this wave of market activity is really a bit annoying, maybe I should wait and see.
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TopBuyerForever
· 12-11 06:40
At that moment of 94k, I knew I had to cut my losses. This wave of retail investors really have tough luck.
The Federal Reserve cut interest rates by 25 basis points this time, bringing the rate range to 3.50%-3.75%, which aligns with Trump's expectations last night.
Bitcoin's movement basically followed the script—initially spiking on the news, then starting to retrace and sell off. Ethereum, on the other hand, remained relatively calm, but Bitcoin responded strongly, jumping to 94k right after Powell's speech. It is now hovering around 90k again.
This kind of market condition is really not suitable for bottom-fishing; it's better to wait and see how things develop. Market sentiment is still digesting the impact of this rate cut, and short-term fluctuations may continue.