2025-12-11 12:20:23

Powell's remarks last night effectively put an end to the expectation of interest rate cuts.

Pause on rate cuts? The positive factors have already been fully digested by the market.

Those still blindly optimistic now may face significant losses. The 94500 level is most likely the ceiling of this wave, and bears may start to show their hand.

BTC reached 94500 last night but couldn’t go higher — what does this indicate? A clear sign of a near-term top. There may still be some false bullish signals, but as long as it doesn’t break 94500, a sharp decline could happen at any time.

Watch closely the resistance zone between 91800 and 92500 today.

As long as it doesn’t break through, bears will still hold the advantage, and BTC’s momentum won’t be very strong. Support levels today are around 88800 and 86800, likely to fluctuate near 90,000 repeatedly.

Don’t forget that the risk of Japan’s interest rate hike still looms, which will keep market sentiment under pressure in the short term. BTC will find it difficult to see a significant surge. There may be some upward moves in the next couple of days, but before the 19th, the probability of a weakening trend is higher.

Don’t be fooled by short-term rebounds.

BTC-2.16%

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ser_ngmi

· 12-11 17:10

If 94,500 can't be broken, then you better be prepared to take a hit.

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SandwichHunter

· 12-11 12:48

94500 is really the ceiling? Seems like we need to see more, don't jump to conclusions too early The bears are indeed stirring, but this is the easiest time to miss out, be cautious Powell's move directly shattered the bulls' dreams, it's frustrating I've been cautious about the thunderstorms over in Japan, it's indeed tough in the short term 88800 must hold, or you'll really suffer losses I've been fooled too many times; I choose to watch as prices surge this time Trap setups like these, there's always someone falling for them

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SchroedingerGas

· 12-11 12:46

If you can't break through 94,500, then get ready to eat noodles. The current bear market has indeed taken the initiative.

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WalletDivorcer

· 12-11 12:45

94500 is the ceiling? Haha, another bearish one has arrived, let's just watch. --- Powell's move directly shattered the hope of rate cuts, and the market has no more reaction. --- That bomb in Japan is not ruled out; short-term pain is indeed unavoidable. --- Inducing buying, inducing buying, who is really诱谁? --- Breaking 88,800 is the real problem; it's too early to say anything now. --- The repeated grinding around 90,000 is truly boring; let's wait for news. --- Don't mess around before the 19th; let's see what happens. --- Shorts holding? Then let the bullets fly for a while.

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SelfSovereignSteve

· 12-11 12:43

Powell's move directly kills the hope of rate cuts, the good news is fully realized. 94500 is the top; no matter how much it rises, it can't break through. The bears should start to show strength. Will the inflation in Japan trigger another shock? Anyway, don't be too greedy these days.

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RamenDeFiSurvivor

· 12-11 12:29

94,500 is just the ceiling? It feels like it still needs to drop a bit more to stabilize. Don't lie to me, I've seen too many of Powell's tricks. The bears are really about to strike, I can feel it. Repeated struggles around 90,000, it's uncomfortable. Better to stay honest and hold coins until the 19th. This wave of fakeouts is really incredible, I almost couldn't hold on.

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MetaverseLandlord

· 12-11 12:24

Wake up, 94500 is really the top, don't keep taking flying knives anymore.

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OnchainHolmes

· 12-11 12:21

94500 is the ceiling? Bro, this wave of shorts is about to take off. Don't say I didn't warn you.

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