Analysis: With Federal Reserve policy expectations and oil price factors intertwined, Bitcoin may maintain a volatile trading pattern.

According to Odaily Odaily, the Federal Reserve is expected to maintain its benchmark interest rate at 3.5%-3.75%. Market focus is shifting to the growth and inflation outlook, as well as Fed Chairman Powell's remarks at the post-meeting press conference. Fabian Dori, Chief Investment Officer of Sygnum Bank, stated that investors are closely watching whether the dot plot reduces expectations of rate cuts and whether Powell emphasizes the risks of excessively rapid easing of financial conditions, which could reinforce market expectations of "higher interest rates lasting longer." Bitcoin is currently at a critical juncture, repeatedly failing to hold above $75,000, indicating some caution and mean reversion. If the Fed expresses concern about rising oil prices and their inflationary impact caused by geopolitical conflicts, and hints at a slower pace of rate cuts, Bitcoin's price may continue to be capped below $75,000, continuing its consolidation trend. (CoinDesk)