由於市場等待5月7日的聯邦公開市場委員會（FOMC）會議，比特幣（BTC）公牛在94,500美元的水平上舉行了強勁的股份。

比特幣分析師阿克塞爾·阿德勒（Axel Adler Jr.

Data from derivatives markets shows that Bitcoin (BTC) bulls are holding strong around the $94,500 level as the market prepares for the Federal Open Market Committee (FOMC) meeting on May 7.

來自衍生品市場的數據表明，由於市場為5月7日的聯邦公開市場委員會（FOMC）會議做準備，比特幣（BTC）公牛在94,500美元的水平上保持了強勁的股份。

Bitcoin bulls open margin long positions at $94,400

比特幣公牛的開放保證金長位為$ 94,400

Highlighting BTC’s price strength, derivatives market analyst Axel Adler Jr. pointed out a bullish cluster of long positions forming around $94,400 in the futures market. A similar cluster was observed at the end of April, which pushed BTC prices to $97,500.

衍生品市場分析師Axel Adler Jr.強調了BTC的價格實力，指出了一個在期貨市場上的長期頭寸的看漲群體。在4月底觀察到了一個類似的集群，這將BTC的價格推向了97,500美元。

Similarly, Bitcoin futures open interest (OI) exhibited a swift increase of 2,000 BTC, i.e., roughly $189 million, over the past few hours. A rise in OI and a 15% increase in aggregated volume imply consistent buying pressure despite the price drop.

同樣，在過去的幾個小時中，比特幣期貨開放興趣（OI）迅速增長了2,000 BTC，即大約1.89億美元。儘管價格下跌，OI的上升和總量增加了15％，這意味著購買壓力持續不斷。

The aggregated funding rate remains near neutral, indicating balanced sentiment between longs and shorts over the past eight hours. However, funding rates have fluctuated, with brief spikes to 0.018% on May 6, suggesting optimism among leveraged traders.

總資金率保持接近中性，表明在過去八個小時內長期和短褲之間的情緒平衡。但是，資金率波動，5月6日的短暫峰值至0.018％，這表明槓桿交易者的樂觀情緒。

Bitcoin momentum tends to slow before FOMC

比特幣動量往往會放慢FOMC

Meanwhile, investing management firm Swissblock revealed that Bitcoin's momentum usually slowed down before the last five interest rate decisions, followed by a sharp increase in price volatility. In an analysis on X, the firm presented a chart tracking Bitcoin’s 25-day rate of change (ROC) from October 2024 to May 2025.

同時，投資管理公司Swissblock透露，比特幣的勢頭通常在最後五個利率決策之前放慢速度，然後價格波動急劇上升。在對X的分析中，該公司提出了一張圖表跟踪比特幣的25天變更率（ROC），從2024年10月到2025年5月。

Bitcoin’s price steadily climbed in the charts whenever the ROC trended up or went positive. It was mainly observed during October-November 2024, and recently in April 2025.

每當ROC趨勢或積極進展時，比特幣的價格就會穩步上升。它主要是在2024年10月至11月的，最近在2025年4月觀察到的。

Consequently, when the ROC tapers off, BTC corrects, an outcome observed in January-February 2025. Recent data indicates that the ROC remains on an uptrend in May 2025, which increases the possibility of a price gain for Bitcoin.

因此，當ROC逐步逐步逐步糾正時，在2025年1月至2月觀察到的結果。最近的數據表明，ROC仍在2025年5月上升趨勢，這增加了比特幣價格上漲的可能性。

Swissblock highlighted that the FOMC meeting is a potential catalyst for Bitcoin’s next move, saying that the rate decision and Federal Reserve Chair Jerome Powell’s tone could spark volatility in financial markets.

Swissblock強調，FOMC會議可能是比特幣下一步行動的潛在催化劑，他說，利率決策和美聯儲主席杰羅姆·鮑威爾（Jerome Powell）的基調可能會在金融市場中引起波動。

"The FOMC meeting could be a key catalyst for Bitcoin's next move. Not only will the interest rate decision itself be closely watched by traders, but also the tone of Chair Powell's press conference could have implications for financial markets and, in turn, for Bitcoin's price trajectory," Swissblock stated.

“ FOMC會議可能是比特幣下一步行動的關鍵催化劑。交易者不僅會密切關注利率決策，而且鮑威爾主席的新聞發布會的基調也可能對金融市場產生影響，反過來又對比特幣的價格軌跡構成了影響。”