In December, global markets are experiencing a dual shock—the Fed’s rate cut expectations and the Bank of Japan’s rate hike signals are simultaneously stirring capital flows.

After last Friday’s rumors of a BOJ rate hike began to ferment, traditional markets were the first to react: the S&P 500 Index pulled back 0.5%, and the Dow Jones Industrial Average plunged 0.9%. The crypto market was not spared either, with Bitcoin’s single-day maximum drop exceeding 6%, briefly breaking through key support.

However, BTC demonstrated resilience, quickly rebounding from its low and stabilizing near $94,000.

What’s delicate about the current market is that the liquidity expectations from USD rate cuts have already been priced in, while the market remains in wait-and-see mode before the Bank of Japan actually raises rates. Historical experience shows that when the dust settles, it often brings an opportunity for an oversold rebound.

**Key BTC levels to watch today:**

Short-term resistance range: $93,550–$94,700
This is a pressure zone that has been tested multiple times recently without an effective breakout. If this area is tested again without significant volume, be alert for a pullback risk.

Secondary resistance: $96,000
Breaking above this level requires clear catalyst support.

Downside support: $89,000–$87,500
This range has provided strong support multiple times. If revisited, it could present a bottom-fishing opportunity, but should be weighed in conjunction with trading volume and the latest BOJ statements.

During periods of market volatility, precisely timing your entry is more critical than blindly chasing rallies or panicking on dips. The market never lacks opportunities; what’s lacking is calm analysis.