#FOMCMeeting Bitcoin’s price remains stuck between $117K–$120K, with traders trimming exposure before the FOMC decision.
Futures open interest fell by $1B, with $173.8M in long liquidations in 12 hours.
Price compression and near-pinched Bollinger Bands hint at an imminent range expansion.
Bitcoin is showing signs of fatigue ahead of this week’s critical macro events, but analysts say the pullback is pre-FOMC derisking — not a structural trend change.