#美联储FOMC会议 $BTC

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

Moreover, its trend has long deviated from the previous four-year cycle.

Altcoin prices have fallen for six consecutive weeks; whether they can rebound depends on whether they can stop the decline in the coming weeks, or else they will continue to weaken.

Now it all hinges on the Federal Reserve's policies and the broader environment. However, some experts say that although some short-term investors have taken profits, long-term holders have not moved at all, and the Bitcoin supply on exchanges continues to decrease.

At the price range of 93,000 to 98,000, many people are stockpiling, making it difficult for prices to fall further.

Looking at the technicals,

Bitcoin has held at 102,700; next, it will either push for a new high or fluctuate between 106,000 and 108,000. The current market is remarkably similar to the fluctuations of 2024, so it's suggested to minimize unnecessary trading.

What the market is most concerned about now is how the Federal Reserve will respond this week.

Everyone was originally hoping for two rate cuts in 2025; if the Federal Reserve says it can only cut once, Bitcoin is likely to drop;

If it maintains the expectation of two cuts, the market may just oscillate in place. Moreover, oil prices have recently surged; if inflation follows suit, the Federal Reserve may be even less inclined to cut rates, leading to greater market volatility.

Overall, the market maintains a cautious attitude, and it is advised to control positions, reduce leveraged trading, and focus on the impact of Federal Reserve policies and geopolitical situations on market liquidity.

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