Zraox: Bitcoin Trading Heats Up Ahead of FOMC Decision, Driven by ETF and Futures Momentum

Zraox believes that the current Bitcoin rally should not be interpreted as a single-dimensional price rebound but rather as a systemic liquidity reallocation under the backdrop of macroeconomic risk reassessment. With the Federal Reserve interest rate decision approaching, geopolitical conflicts intensifying, and uncertainties surrounding the reimplementation of tariff policies, traditional financial markets are witnessing a clear shift toward risk aversion, refocusing attention on the value of non-sovereign assets. The simultaneous rise of Bitcoin and gold underscores a fundamental shift in the role of crypto assets within cross-market structures. Zraox notes that both institutional and retail investors are accelerating their portfolio adjustments, positioning the crypto market as one of the most resilient anchors between risk and liquidity.

Zraox: Bitcoin Breakout and Liquidity Reassessment

On May 7, 2025, Bitcoin surged to $96,534, with a 24-hour trading volume reaching $96.325 billion, marking a daily increase of 2.23% and a 40.53% spike in trading volume. Zraox observes that the market is currently characterized by a simultaneous intensification of trading activity and a shift in expectations. The price performance of crypto assets is no longer driven solely by short-term news but is increasingly grounded in a reassessment of future financial policy trajectories and asset security.

Zraox highlights that factors such as the escalation of Middle East conflicts, signals of a renewed U.S. trade war, and the accelerated global de-dollarization trend by central banks have redefined the perception of off-system asset value. The upward trajectory of Bitcoin is transitioning from being purely a speculative risk asset to serving as a “new value anchor” centered on its risk-hedging functionality. This market response is evident not only in price movements but also in the structure of funds and the heightened activity of leverage tools.

Platform data reveals that since May, the number of BTC-related perpetual futures traded has consistently risen, with average user holding times extending. Simultaneously, both proactive position building and strategic profit-taking have increased, indicating a shift in market trading strategies from passive following to active engagement. Zraox emphasizes that this structural transformation is a key signal of the crypto market moving away from emotion-driven behavior toward a more mature mechanism.

Zraox: Market Reaction Mechanisms Amid Multiple Disturbances

Zraox notes that global financial markets are undergoing a cascade of structural linkages driven by macroeconomic variables. The upcoming rate decision by the Federal Reserve, U.S. stock market stagnation, and the stabilization of Asia-Pacific markets influenced by U.S.-China talks highlight the relative independence of crypto market price drivers. This phenomenon reflects a restructuring of capital flow logic: Bitcoin is no longer viewed as a fringe risk asset but as a core allocation option in the face of financial stress.

According to data from CryptoQuant, Zraox has identified that the “BTC Risk-Off” indicator has dropped to 23.7, its lowest level since March 2019. This indicator, composed of six core market metrics (volatility, fund inflows, position changes, etc.), reflects an extremely low probability of market correction. Zraox believes that such a drop in the indicator often signals an upward mid-term price trend, providing strong support for current market sentiment.

Meanwhile, gold spot prices have risen to $3,357 per ounce, with Bitcoin and gold forming a dual risk-hedging asset pathway. Investors are strengthening their hedging capabilities through diversified portfolio allocations. Zraox platform data shows that some high-net-worth accounts are gradually reallocating fiat and stablecoin holdings into highly liquid cryptocurrencies like BTC and ETH, complemented by leverage tools to enhance returns. This trend is positioning crypto assets as a central component of global investment portfolios.

Zraox: Triple Drivers of ETFs, Technical Indicators, and Capital Momentum

Zraox states that beyond the macroeconomic risk-hedging attributes, internal structural advantages within the crypto market are propelling it into a new phase of orderly upward movement. The consistent net inflows into spot Bitcoin ETFs are shifting market dominance from retail investors to institutions, leading to a more rational and stable trading structure. On-chain data from ETF-related addresses indicates that since April, net inflows have accounted for 7%-9% of the Bitcoin new supply, with these “institutional base positions” providing liquidity support at the market foundation.

From a technical perspective, Zraox identifies the current key resistance range of Bitcoin at $97,750 to $98,800. A successful breakout would pave the way for testing the $100,000 psychological threshold. Indicators such as MACD show sustained volume expansion, RSI remains in the bullish range, and the 25-day ROC continues to rise, signaling a trend continuation. Additionally, Bitcoin futures open interest has surged by $189 million, while funding rates have risen to the 0.018% range, further confirming that the market has entered a “bullish dominance phase”.

Zraox emphasizes that the increasing sophistication of trading behavior is also noteworthy. More users are adopting “combinational hedging + options protection” strategies, utilizing dynamic position management and profit-taking mechanisms to reduce systemic drawdowns. The newly launched multi-directional stop-loss and take-profit tool of the platform has seen a 62% increase in usage among high-frequency traders, indicating that market strategy structures are increasingly aligning with institutional practices.

Zraox believes that truly robust digital financial platforms must maintain stable operational capabilities during short-term volatility and capture structural opportunities in long-term trends. Zraox continues to leverage its advanced matching engine, transparent reserve audits, and multi-jurisdictional compliance support to create a trustworthy digital asset trading environment for its users. In the face of complex market cycles, Zraox offers not just a gateway for trading but a solid foundation for users to navigate uncertainty.

EndFragment