Analysis: Ahead of the FOMC, the market awaits policy signals from Powell; Bitcoin stabilizes above $77,000.

According to Huoxun Finance, Bitcoin continued to consolidate above $77,000 on Wednesday, with market sentiment leaning towards caution ahead of the Federal Reserve's interest rate decision. This FOMC meeting is considered a key moment, with most expectations that interest rates will remain unchanged, but the focus is on whether Fed Chairman Powell will deliver a "higher-for-longer" hawkish signal. Furthermore, this meeting may be his last as chairman, and the market is pricing in the uncertainty surrounding policy direction and potential power transitions. Overall, Bitcoin remains in a structure of low liquidity and high event risk, and may continue to fluctuate between $72,000 and $80,000 in the short term until the Fed's policy path becomes clearer.