#美联储FOMC会议 $BTC

Recently, even with positive news, Bitcoin struggles to rise.

Moreover, its trend has long ceased to follow the previous four-year cycle.

Altcoin prices have dropped for six consecutive weeks; whether they can bounce back depends on whether the next few weeks can stop the decline; otherwise, they will continue to weaken.

Currently, it all depends on the Federal Reserve's policies and the broader environment. However, some big players say that although some people have made money and left in the short term, long-term holders have not moved at all, and the amount of Bitcoin on exchanges is still decreasing.

At the price range of 93,000 to 98,000, many people are stockpiling, and it can't drop further for now.

Looking at the technicals,

Bitcoin has held up at 102,700, and the next move will either break the previous high or fluctuate between 106,000 and 108,000. The current market situation is very similar to the fluctuations of 2024; it's advisable to avoid excessive trading.