Bitcoin Sell Pressure Hits One-Year Low as Market Awaits Fed Rate Decision

The striking detail is the compression itself: a multi-week range with a large share of supply clustered inside it, while profit-taking fades to a one-year low. That combination suggests sellers are exhausted rather than buyers energized, which is why the market still cannot break out. The leverage map matters more than the spot calm — clusters at both edges mean a move toward either boundary could trigger forced flows that exaggerate direction. Whether the Fed decision resolves that standoff, or simply widens the range, is the open question.