Odaily Planet Daily News: Prior to the Federal Open Market Committee (FOMC) meeting, the dominant position of Bitcoin (BTC) surpassed 65%, setting a new high since January 2021, indicating strong risk aversion among funds.
Analyst Joel Kruger believes that the market is waiting for key catalysts such as FOMC resolutions. Vetle Lunde, the head of K33 research, predicts that significant price fluctuations may occur after the FOMC meeting, given the extremely low volatility of Bitcoin in recent times. He pointed out that the current negative perpetual contract funding rate may provide investors with buying opportunities. (CoinDesk)