随着美联储决策的临近，机构从BTC ETF退回

BTC现货ETF在周二的净流出价为8564万美元，这标志着机构投资者在今天美国美联储最新的政策会议之前的情绪变化。

Bitcoin spot ETFs recorded net outflows on Tuesday, snapping a three-day streak of inflows that had brought in over $1 billion and suggesting that institutional investors are reducing their exposure ahead of the Federal Reserve's upcoming policy decision.

比特币现场ETF在周二记录了净流出，赢得了三天的流入，带来了超过10亿美元的资金，并暗示机构投资者正在减少其在美联储即将到来的政策决定之前的曝光率。

Institutions Pull Back From BTC ETFs As Fed Decision Looms

随着美联储决策的临近，机构从BTC ETF退回

BTC spot ETFs saw net outflows of $85.64 million on Tuesday, according to analysis by crypto analytics firm Glass Node. This shift in sentiment comes as the US Federal Reserve prepares for its latest policy meeting today.

根据Crypto Analytics公司Glass Node的分析，BTC Spot ETF周二的净流出量为8564万美元。这种情绪转变是因为美国美联储为今天的最新政策会议做准备。

The outflows follow three consecutive days of strong inflows, totalling over $1 billion, into these BTC-backed funds. This suggests a pullback by institutional investors as they prepare for potential market volatility surrounding today’s FOMC announcement. It can also be seen as a strategic step to avoid short-term losses in the event of an unfavorable policy signal or unexpected market reaction.

流出次数连续三天大量的流入，总计超过10亿美元，投入了这些BTC支持的资金。这表明机构投资者为当今FOMC宣布的潜在市场波动做准备时，他们的回调。在发生不利的政策信号或意外的市场反应时，它也可以看作是避免短期损失的战略步骤。

Despite the ETF outflows, on-chain data reveals a spike in spot net inflows today. This indicates that while institutional players may be reducing their ETF exposure, they could be rotating capital into direct spot positions, possibly to capitalize on short-term price swings both before and after the Fed’s announcement.

尽管ETF流出了，但链上的数据仍显示今天的点网流入激增。这表明，尽管机构参与者可能正在减少其ETF的曝光率，但他们可能会将资本转移到直接现场位置，可能会在美联储宣布的前后都利用短期价格波动。

According to Coinglass, BTC’s spot net inflows sit at $9.72 million. When an asset sees spot inflows, the number of its coin or tokens purchased and moved into spot markets has increased, indicating rising demand.

根据Coinglass的说法，BTC的现货净流入量为972万美元。当资产看到现货流入时，其购买和转移到现货市场的硬币或代币的数量就会增加，这表明需求不断上升。

This points to surging accumulation among BTC spot market participants, a trend which can drive price appreciation if buying pressure remains.

这表明在BTC现货市场参与者之间积累了积累，如果购买压力仍然存在，这种趋势可以推动价格升值。

Bitcoin Rises On Buyer Strength

比特币在买家的实力上升高

BTC trades at $96,679 at press time, noting a 2% surge over the past day. The coin’s positive Balance of Power (BoP) reflects the steady rise in spot buying activity ahead of the FOMC meeting. As of this writing, this is at 0.10.

BTC在发稿时以96,679美元的价格交易，并指出过去一天的增长2％。硬币的积极平衡（BOP）反映了FOMC会议之前的现货购买活动的稳定上升。截至撰写本文时，这是0.10。

This indicator measures the strength of buyers versus sellers by comparing the closing price to the trading range over a specific period. When its value is positive, buyers are dominating the market, suggesting bullish momentum and upward pressure on an asset’s price.

该指标通过将收盘价与特定时期的交易范围进行比较，可以衡量买方与卖方的强度。当它的价值为正时，买家将主导市场，暗示对资产价格的看涨势头和向上压力。

If BTC demand rockets and market conditions remain favorable post-FOMC meeting, it could climb toward $102,080.

如果BTC需求火箭和市场状况仍然有利，FOMC会议可能会攀升至102,080美元。

However, if market volatility triggers a move to the downside, BTC could shed recent gains, breach support at $96,187, and fall to $92,048.

但是，如果市场波动触发了前进的转变，BTC可能会降低最近的收益，违反支持为96,187美元，跌至92,048美元。