Coinbase Traders Navigate Bitcoin Volatility Amid Fed Decision and Technical Warnings

On December 10, 2025, Bitcoin experienced significant volatility, briefly surging to a three-week high of $94,625 before retreating to around $92,400. This price action unfolded as the market braced for the Federal Reserve's upcoming interest rate decision, highlighting the cryptocurrency's continued sensitivity to traditional macroeconomic signals. The rally was initially supported by a surge in bullish social sentiment, suggesting retail and institutional optimism. However, the price pullback underscores the persistent jitters within the digital asset space when facing potential shifts in monetary policy. Technical analysts are sounding cautionary notes for traders on platforms like Coinbase, pointing to emerging bearish chart patterns. Key among these warnings are the formation of a rising wedge pattern and the potential for a 'death cross,' where a short-term moving average crosses below a long-term one. These technical indicators suggest the possibility of a deeper correction, with some analysts projecting a potential drop toward the $80,000 support level if selling pressure intensifies. The current market structure is further complicated by reportedly thin order books and clustered buy orders, which can amplify price swings in either direction. This episode serves as a critical reminder for the Coinbase user base and the broader crypto market about the complex interplay between macroeconomic events, market sentiment, and technical analysis. While the long-term bullish thesis for digital assets remains intact among many practitioners, short-term volatility driven by Federal Reserve policy and technical resistance levels is a prevailing reality. Investors are advised to monitor the Fed's commentary closely for hints on the future path of interest rates, as this will likely continue to be a primary driver of market sentiment. Additionally, paying attention to key technical support and resistance levels will be crucial for managing risk in what remains a dynamic and sometimes unpredictable trading environment.

Bitcoin Retreats From $94.6K High as Fed Decision Sparks Market Jitters

Bitcoin's rally to $94,625 on Tuesday marked a three-week high before retreating to $92,400, as traders braced for the Federal Reserve's rate decision. The cryptocurrency's surge coincided with bullish social sentiment, but technical analysts warn of bearish patterns—including a rising wedge and death cross—that could signal a drop toward $80,000.

Market observers note thin order books and clustered buys, with some alleging price manipulation. Santiment data suggests retail Optimism often precedes reversals. All eyes now turn to the Fed's policy statement, where a hawkish tilt could exacerbate selling pressure.

Dormant Ethereum ICO Wallet Turns $263 Into $2.82M After 9 Years

A wallet that participated in Ethereum's 2015 initial coin offering (ICO) and remained inactive for nearly a decade has suddenly transferred its holdings to Coinbase. The initial investment of $263 has ballooned to $2.82 million—a staggering 10,684x return.

Blockchain analytics platforms Lookonchain and Whale Alert flagged the movement, noting the wallet's inactivity since Ethereum's genesis. The transfer coincides with renewed institutional interest in ETH, now trading at multi-year highs amid broader crypto market gains.