FOMC Aftermath: What Bitcoin Positioning Revealed via @cryptoquant_com The FOMC left interest rates unchanged as expected, but the Fed’s tone was interpreted as more hawkish than markets had anticipated. Bitcoin volatility increased after the decision, yet derivatives and on-chain data show that traders had entered the meeting without a strong directional conviction. Four indicators help explain the setup. First, Bitcoin’s taker buy-sell ratio remained near 1.0, showing that aggressive buyers and sellers were almost evenly balanced. The market was waiting for a catalyst rather than positioning decisively. Second, perpetual-futures activity showed only a mild short bias. Bears repeatedly failed to push Bitcoin below the $62,000–$63,000 support zone, indicating that selling pressure lacked conviction. Third, funding rates remained positive. This suggested that underlying demand for long positions had not disappeared, although persistent positive funding also left crowded longs vulnerable to sudden liquidations. Finally, exchange inflows stayed relatively low. There was no clear sign that holders were rushing to move Bitcoin onto exchanges for immediate selling. Together, these indicators showed a market coiled ahead of the Fed: cautious, balanced, and waiting. The post-FOMC volatility did not emerge from strong bearish positioning, but from a neutral market rapidly repricing a more hawkish policy message. https://t.co/7IeMNQzH62