[Analysis: Bitcoin Selling Pressure Drops to Lowest Level in Past Year, Market Awaits Federal Reserve Interest Rate Decision] The Bitfinex Alpha report analyzes that Bitcoin has recently remained within approximately a 5.5% range for over 24 consecutive trading days, with a cost basis of around 840,000 BTC located within this range. As profit-taking has significantly slowed, the seller risk ratio has dropped to 7 basis points, one of the lowest levels in the past year. However, insufficient buying pressure continues to limit a breakout. Meanwhile, leverage is accumulating at the upper and lower bounds of the range, with approximately $1.95 billion in short liquidation risk concentrated near $82,000, while a large-scale long position exists in the $75,000 to $76,000 range, which could amplify price volatility following the Federal Reserve's interest rate decision.