Price action around the Fed’s rate decision wiped out roughly 90,000 leveraged positions, with losses split nearly evenly between longs and shorts even as prices stayed roughly flat over 24 hours. BTC is trading near $63,700–$64,800, with Fear & Greed at 38 (“Fear”).
Matters because: The market is sitting on dense two-sided liquidity. A break below ≈$61,500 could trigger about $1.3B in long liquidations, while a move above ≈$67,700 could trigger about $1.07B in shorts.