#美联储FOMC会议 Recently, even with favorable 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 rebound depends on whether they can stop the decline in the next few weeks, otherwise, they will continue to weaken. The current situation is entirely dependent on the Federal Reserve's policies and the broader environment. However, some big players say that while some people are making money and leaving in the short term, those holding onto their coins long-term haven't moved at all, and the Bitcoin in exchanges is still decreasing. Many are stockpiling at the price level of 93,000 to 98,000, and it won't drop below that for now. Looking at the technical side, Bitcoin has held up at 102,700; next, it will either push towards the previous high or fluctuate between 106,000 and 108,000. The current market conditions are very similar to the fluctuations in 2024, so it's advisable to avoid excessive trading. Right now, the market is most concerned about how the Federal Reserve will express its stance this week. Everyone initially hoped for two interest rate cuts in 2025; if the Federal Reserve says there can only be one, Bitcoin is likely to drop.
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