Institutions Accumulating, Individuals Observing... Bitcoin Hovering at $90,000 Ahead of FOMC

Source: BlockMedia Original Title: [Market Overview] “Institutions Accumulating, Retail Investors Waiting”…Bitcoin Moves Sideways Around $90,000 Ahead of FOMC Original Link:

Bitcoin Moves Sideways Around $90,000 Amid Strengthening Institutional Accumulation

On the 9th, Bitcoin continued to fluctuate around the $90,000 level. Market analysis indicates that while retail investors are showing a wait-and-see attitude ahead of the US Federal Open Market Committee(FOMC) meeting, institutional buying pressure is strengthening.

As of 8:20 a.m. that day, Bitcoin(BTC) was trading at 135.31 million KRW on Upbit, a domestic digital asset exchange, up 0.01% from 24 hours earlier. At the same time, it was trading at $90,781 on global exchanges, up 1.07%. Ethereum(ETH) was up 2.76% at $3,120, Coin(BNB) up 0.92% at $898, and XRP(XRP) up 1.88% at $2.07.

According to Coinglass, in the past 24 hours, about $70.17 million(approximately KRW 10.31 billion) in Bitcoin positions were liquidated, with about 56.8% being short(sell) positions. Across the entire digital asset market, liquidations totaled around $215.91 million(approximately KRW 31.72 billion).

Ongoing Institutional Investor Buying

Strategist purchased an additional 10,624 Bitcoins(approximately $90,315) on the 8th(local time). The average purchase price per Bitcoin was $90,615. A research head commented, “This is the largest buy since July 2025.”

One analyst said, “Consistent institutional buying is absorbing retail investor panic selling.”

The BlackRock chairman stated, “Several sovereign wealth funds are gradually acquiring Bitcoin,” noting, “This trend has emerged after Bitcoin corrected from its $126,000 high.”

He added, “Bitcoin is a long-term holding asset, not for short-term trading, and the market’s high leverage makes volatility inevitable.”

Wait-and-See Ahead of FOMC Meeting

The market is showing a wait-and-see stance ahead of the US Federal Open Market Committee(FOMC) regular meeting held over two days starting the 9th local time. All US stock indexes fell overnight. On the New York Stock Exchange(NYSE), the Dow closed at 47,739.32, down 215.67 points(0.45%) from the previous trading day. The S&P 500 closed at 6,846.51, down 23.89 points(0.35%), and the Nasdaq ended at 23,545.90, down 32.22 points(0.14%).

QCP stated, “Market attention is now focused on the FOMC meeting this Wednesday,” adding, “A 0.25 percentage point rate cut is already expected, but the Fed’s balance sheet(tightening or easing) guidance is likely to shape risk asset flows for the rest of the year.”

They continued, “Bitcoin remains trapped in the $84,000–$100,000 range, and with market depth(liquidity) thinning further, a clear breakout in either direction could determine the next major trend during the thin liquidity of the year-end holiday period.”

Meanwhile, the Fear & Greed(Fear&Greed) Index, which gauges investor sentiment in the digital asset market, stood at 20(fear), unchanged from the previous day. The Fear & Greed Index indicates stronger selling pressure closer to 0, and greater buying tendency closer to 100.