December 11 Cryptocurrency Market Analysis + Crypto Information Gap

❌Refusing After-the-Fact Comments❌
✅Interest rate cuts didn't move, stay defensive✅

1⃣ Market #BTC # ETH Current Key Support Level:

$BTC Monitor the 12-hour trend line, ensure the closing price does not fall below the 12-hour trend line
Take profit at 96,000, use dynamic stop-loss, stop-loss position around 89,000

$ETH : Monitor the 12-hour trend line, ensure the closing price does not fall below the 12-hour trend line, take profit above 3,500, use dynamic stop-loss, stop-loss position around 3,100

Those holding positions can partially reduce their holdings, wait for the market to initiate another rally, it is not recommended to open new positions (the temptation to open a position is around 3,288), take profit above 3,500 points, stop-loss at 3,085

2⃣ $BTC $ETH Yesterday, the Federal Reserve cut interest rates by 25 basis points and released many positive signals, but the market still remains unresponsive. Today, see if it can attempt a fake breakout. Stay defensive, the 12-hour closing price at 20:00 needs to oscillate above the trend line. The 12-hour close will reveal all tonight. Closing above the trend line is safe.

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All opinions are personal views only
Not to be taken as any investment advice