December 11 Market Analysis

At 3 a.m., the Federal Reserve announced a 25 basis point rate cut(It was standard)There was no positive stimulus to boost the market; only a 50 basis point cut could stimulate market sentiment.

At 3:30 a.m., Powell's speech covered two aspects:
Inflation has been alleviated, but employment remains a tricky issue. Currently, efforts are focused on solving employment rate problems.(There is no rush to address inflation, so a significant rate cut is unlikely） (Bearish)

Looking ahead to 2026, the willingness to cut rates is tentatively set at once, and the rate cut appetite is not strong. Market enthusiasm cools again.(Bearish)

Technical Analysis: ETH: The 4-hour MACD histogram and price form a clear top divergence(Indicating weakening market upward momentum, buying strength is seriously insufficient)
SKDJ: Forms a top divergence around 80, and the price needs to watch for a close below 3090 to confirm the validity of SKDJ divergence.

1-hour: ETH: Price formed a fair value gap at 23:00 on December 9(3240--3140)Last night, the gap was filled during the correction. Support levels are tentatively set at 3140-2125. You can consider laying out rebound longs, hold short term, stop loss at 3070