An analyst from XWIN Research Japan has observed that FOMC meetings serve as catalysts for clearing excessive market positions rather than setting Bitcoin's medium-term trend. According to NS3.AI, historical data indicates that Bitcoin does not exhibit consistent directional movement following these meetings. Instead, sharp short-term fluctuations are primarily driven by the liquidation of over-leveraged positions. The key factors influencing Bitcoin's near-term trajectory include the reduction of leverage, easing of selling pressure, and recovery of liquidity, rather than political developments or rate-setting outcomes.