December 11th midday analysis

After the Federal Reserve's rate cut and Powell's speech, Bitcoin still shows intense volatility. It initially surged quickly to around 94,400, then turned into continuous declines. The current price has dropped back to around 90,000, a total decrease of over 4,000 points.

Today's trading suggestions mainly focus on long positions at low levels. The support at 9,000 may be briefly broken, but there's no need to worry excessively. A pullback in the market could be an opportunity to establish long positions.

Operate by buying around 89,500-89,000. The target is 90,800-91,500, and if broken through, it can continue to rise toward 92,500.