#美联储联邦公开市场委员会决议 According to the latest blockchain data, let's take a look at the distribution of liquidation pressure in the market over the recent period.

Monitoring by Coinglass revealed an interesting phenomenon — the price $BTC around key levels has concentrated a large number of margin positions. If the price rises above, and Bitcoin breaks the psychological level of $93,673, short positions on major centralized exchanges (CEX) will face massive liquidations, with the total amount potentially reaching $12.99 billion. This is a quite significant figure.

On the other hand, if BTC drops below the support at $84,838, long positions will be affected — a wave of long liquidations totaling around $8.47 billion will occur simultaneously.

What does this mean? Both scenarios contain obvious "liquidation traps." Major cryptocurrencies like $ETH, $BNB, $ZEC also follow BTC's rhythm, and their derivatives markets with margin lending are also tense.

Recent uncertainty in the Federal Reserve's policy amplifies this volatility. At this time, it is important to watch for breakouts or breaches of these key levels to better understand the short-term market direction.