This week, the main focus is on the Fed’s interest rate statement and Powell’s speech in the early hours of Thursday. The market has basically locked in expectations of a rate cut. Looking at the charts, this round of price action is quite interesting—highs and lows are pushing upwards one after another, and the deeper the dip, the more likely it is for an instant rebound. In the absence of major news, $BTC can fluctuate by over 3,000 points in a day, breaking key support levels only to rebound quickly, and even in a downtrend, it has formed a beautiful ascending triangle. This year’s market has been this “irrational,” completely ignoring trendline conventions—breaking through only to snap back in seconds, and prices still rise as they should.
Live trading advice: The 93,500–94,000 range is the core battleground in the near term and is worth focusing on for positioning. If you see prices below 90,000, stay alert—this could present a big opportunity. The key now is to adapt flexibly with the market rhythm and not stubbornly stick to one direction.
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pumpamentalist
· 12-09 01:28
The 93,500 to 94,000 range is really holding tight; it feels like it's being tested repeatedly right here.
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ForkPrince
· 12-08 09:30
Taking back this move in seconds is truly impressive. The Fed is about to make a move this Thursday.
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TxFailed
· 12-08 09:19
ngl the classic "follow the rhythm" advice is exactly how i blew up my stack in march... technically speaking, those support bounces hit different when you're already underwater
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ser_we_are_ngmi
· 12-08 09:02
Oh my, it's another instant rebound. The market this year is really crazy, haha.
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BlockImposter
· 12-08 09:02
The 93500-94000 range is indeed quite interesting, but I feel like we still need to wait and see what the Fed does with this move.
#美联储重启降息步伐 December 8 BTC Midday Trading Strategy
This week, the main focus is on the Fed’s interest rate statement and Powell’s speech in the early hours of Thursday. The market has basically locked in expectations of a rate cut. Looking at the charts, this round of price action is quite interesting—highs and lows are pushing upwards one after another, and the deeper the dip, the more likely it is for an instant rebound. In the absence of major news, $BTC can fluctuate by over 3,000 points in a day, breaking key support levels only to rebound quickly, and even in a downtrend, it has formed a beautiful ascending triangle. This year’s market has been this “irrational,” completely ignoring trendline conventions—breaking through only to snap back in seconds, and prices still rise as they should.
Live trading advice: The 93,500–94,000 range is the core battleground in the near term and is worth focusing on for positioning. If you see prices below 90,000, stay alert—this could present a big opportunity. The key now is to adapt flexibly with the market rhythm and not stubbornly stick to one direction.