由于市场等待5月7日的联邦公开市场委员会（FOMC）会议，比特币（BTC）公牛在94,500美元的水平上举行了强劲的股份。

比特币分析师阿克塞尔·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.

来自衍生品市场的数据表明，由于市场为5月7日的联邦公开市场委员会（FOMC）会议做准备，比特币（BTC）公牛在94,500美元的水平上保持了强劲的股份。

Bitcoin bulls open margin long positions at $94,400

比特币公牛的开放保证金长位为$ 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.

衍生品市场分析师Axel Adler Jr.强调了BTC的价格实力，指出了一个在期货市场上的长期头寸的看涨群体。在4月底观察到了一个类似的集群，这将BTC的价格推向了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.

同样，在过去的几个小时中，比特币期货开放兴趣（OI）迅速增长了2,000 BTC，即大约1.89亿美元。尽管价格下跌，OI的上升和总量增加了15％，这意味着购买压力持续不断。

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.

总资金率保持接近中性，表明在过去八个小时内长期和短裤之间的情绪平衡。但是，资金率波动，5月6日的短暂峰值至0.018％，这表明杠杆交易者的乐观情绪。

Bitcoin momentum tends to slow before FOMC

比特币动量往往会放慢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.

同时，投资管理公司Swissblock透露，比特币的势头通常在最后五个利率决策之前放慢速度，然后价格波动急剧上升。在对X的分析中，该公司提出了一张图表跟踪比特币的25天变更率（ROC），从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.

每当ROC趋势或积极进展时，比特币的价格就会稳步上升。它主要是在2024年10月至11月的，最近在2025年4月观察到的。

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，当ROC逐步逐步逐步纠正时，在2025年1月至2月观察到的结果。最近的数据表明，ROC仍在2025年5月上升趋势，这增加了比特币价格上涨的可能性。

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强调，FOMC会议可能是比特币下一步行动的潜在催化剂，他说，利率决策和美联储主席杰罗姆·鲍威尔（Jerome Powell）的基调可能会在金融市场中引起波动。

"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会议可能是比特币下一步行动的关键催化剂。交易者不仅会密切关注利率决策，而且鲍威尔主席的新闻发布会的基调也可能对金融市场产生影响，反过来又对比特币的价格轨迹构成了影响。”