The Federal Reserve will announce its interest rate decision at 2:00 AM on the 27th. There is strong contract liquidation pressure for BTC prices within a range of ±$300.

BlockBeats News reported on July 26th that the Federal Reserve will announce its interest rate decision on July 27th at 2 a.m. (approximately 4 hours from now). As of the time of publication, according to CME's "FedWatch" data, the probability of the Federal Reserve maintaining interest rates at 5.00%-5.25% in July is 0%, the probability of raising interest rates by 25 basis points to 5.25%-5.50% is 96.5%, and the probability of raising interest rates by 50 basis points to 5.50%-5.75% is 3.5%. Although the market has already fully priced in the Federal Reserve's decision to raise interest rates at this meeting, the focus is currently on how Federal Reserve Chairman Powell views the current economic situation and the plan for future monetary policy adjustments, i.e. whether "this rate hike will be the last of this cycle". BlockBeats will continue to follow up and report on the interest rate decision and Powell's key speeches. According to Coinglass contract market data, there will be strong short liquidation pressure for BTC near the price of $29,540, and similarly strong long liquidation pressure near the price of $28,950. Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart show the relative importance of each liquidation cluster to adjacent liquidation clusters, i.e. intensity. Therefore, the liquidation chart shows to what extent the underlying price will be affected when it reaches a certain position. A higher "liquidation column" indicates that there will be a stronger reaction due to the liquidity tide when the price reaches that level.