Bitcoin Stays Stuck as Traders Await Fed Move
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The market faces a mix of fading selling pressure, leveraged positions, and renewed inflation concerns that could shape Bitcoin’s next major move.
Bitcoin (BTC) is stuck in a narrow price range as investors wait for the U.S. Federal Reserve to announce its interest-rate decision on Wednesday. Selling has slowed, but buying has not been strong enough to push BTC clearly higher.
According to Bitfinex Alpha, Bitcoin has traded within a 5.5% range for more than 24 sessions, keeping the market quiet. The report says the next move could depend on whether new demand returns after the Fed decision, as traders have built positions at both ends.
Selling Eases, but Buyers Remain Cautious
About 840,000 BTC have a cost basis within this narrow range, meaning they were bought at prices inside it. Glassnode’s sell-side risk ratio has fallen to seven basis points, showing that long-term holders are taking fewer profits.
Newer investors now account for most of the remaining supply, but trading activity remains low. In other words, sellers have become less aggressive without a strong wave of new buyers stepping in.
Leverage has also built up around the current price levels, which could make any breakout more volatile. CoinGlass data show about $1.95 billion in possible short liquidations near $82,000, while long positions are concentrated around $75,000 to $76,000.

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