#BTC 12/19 all-round hawkish, rising and falling, what's next for BTC?

In the early morning, as expected, the Federal Reserve cut interest rates by 25 basis points, but also reduced the intensity and magnitude of rate cuts in 2025 from four times to two times. Therefore, the market understands that inflation in the United States is relatively mild, causing a major decline in BTC, with the lowest dropping to around 98,700.
In the short term, it is highly likely that the US dollar will strengthen, but the boost to the US dollar from the Federal Reserve's decision is basically exhausted. After a significant rise or fall, the foreign exchange market tends to oscillate and some non-US currencies may recover. Today, the Bank of Japan and the Bank of England will also announce their decisions, which will to some extent affect the US dollar.
Overall, the interest rate cut in yesterday's speech is certain, but the reduction in interest rates for 2025 has decreased. The hawkish speech caused a drop in Bitcoin to the 98700 level, and generally, cryptocurrencies in the market are declining. At present, it is expected to fluctuate before Trump takes office in January, and it will not strengthen temporarily. The downside has not yet fully retraced, and it is possible to continue to decline to 95000.
So in terms of intraday operation, it is still better to wait for a rebound to consider shorting. Intraday attention should be paid to the 101500-102000 range above to layout short positions and first look at the downside. Pay attention to the intraday low point at 98700 below, and look for new lows if it breaks through.
On the daily chart, Ethereum has fallen to the lower Bollinger Band position, and is currently rebounding. Pay attention to the two points of 3730 and 3800 for short positioning.
​The lowest drop of Dogecoin is at the 0.33600 level. In the short term, pay attention to the 0.32500 level for bullish views. Pay attention to the 0.37500 level above for a downward move. Wait for a lower position before going long again.