Is this a brief pullback to build a base, or a relay for a new round of decline

The Fed's rate cut has been implemented, yet $BTC retreats to the $90,000 range

Eight hours ago, as widely anticipated, the Federal Reserve cut interest rates by 25 basis points, lowering the target range to 3.5%-3.75%.

Subsequently, $BTC briefly attempted to breach the critical $95,000 threshold once more, only to be repelled by the “wall of sighs” formed by massive sell orders above. It then retreated in a choppy decline.

According to CoinAnk, the price has now retreated to the $90,000 range.

Is this a brief pullback to build a base, or a relay for a new round of decline?