After the interest rate decision, BTC fell below $64,000, with $270 million institutional funds moving unusually at midnight

After the Federal Reserve’s interest rate decision was announced, BTC came under short-term pressure, falling below $64,000, reaching as low as $63,267, and is currently fluctuating around $63,700. The market is mainly affected by three factors: ① Renewed speculation on rate cuts The Federal Reserve kept interest rates unchanged, and Powell emphasized policy independence. The market is once again adjusting its expectations for the future path of interest rates, and the upward momentum BTC had previously accumulated has partially been released. ② Geopolitical risk-averse funds begin to flow back Previously, the risk-aversion sentiment driven by the Iran-US conflict and risks in the Strait of Hormuz led funds into the crypto market. As risk sentiment temporarily eases, some funds have moved to the sidelines. ③ Institutional fund movements Data from early morning shows that a wallet related to BlackRock transferred about $271 million in BTC and ETH to an exchange. For now, this looks more like an institutional portfolio rebalancing, but if there is sustained inflow to exchanges, caution is needed regarding potential selling pressure. Watch these key levels: BTC: Around $63,000 If it stabilizes, it shows short-term support remains; if it breaks down, the market may further test lower support. $64,000 If BTC reclaims this level, short-term sentiment may recover. ETH: $1,870–$1,900 Watch to see if funds continue flowing out of major assets. ⚠️ Risk Warning: Expectations regarding Federal Reserve policy may still fluctuate; changes in rate paths will directly affect sentiment toward risk assets. The situation between the US and Iran is still uncertain; sudden escalations could cause rapid market volatility. High-leverage position risks are increasing; the market remains highly volatile, so avoid chasing highs and lows or using excessive leverage. The current market is not simply trending up or down but is searching for a new balance of capital. While watching price changes, also pay attention to institutional fund flows and changes in macro events.