December 11th Cryptocurrency Market Analysis + Cryptocurrency Information Gap

❌Refusing Post-Event Analysis❌
✅No rate cut, stay defensive✅

1⃣ Market #BTC #ETH Current Key Support Levels:

--BTC: Pay attention to the 12-hour trend line, require closing price not to break below the 12-hour trend line, take profit at 96,000, dynamic stop-loss, stop-loss position around: 89,000

--ETH: Pay attention to the 12-hour trend line, require closing price not to break below the 12-hour trend line, take profit above 3,500, 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, not recommended to open new positions (if you can't resist, open near 3288), take profit above 3,500, stop-loss at: 3085

2⃣ $BTC $ETH Yesterday, the Federal Reserve cut interest rates by 25 basis points and released many positive signals, but the market still remains unimpressed. Today, see if it can attempt a false breakout. Stay defensive. By 20:00 tonight, the 12-hour closing price needs to oscillate above the trend line. It will be clear at the 12-hour mark. A closing price above the trend line is considered safe.

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