The U.S. Federal Reserve's decision to maintain interest rates in the range of 3.5% to 3.75% has coincided with a period of stabilization for Bitcoin, which is trading near $89,000. Analysts note that steady rates signal stable borrowing costs, potentially weakening the U.S. dollar and boosting demand for alternative assets like Bitcoin. The cryptocurrency is finding technical support at the channel low and value area low, with a recent reclaim of the point of control (POC) suggesting an improving short-term structure. Rising open interest in derivatives markets supports the potential for a relief rally, though a full trend reversal is not yet confirmed. The next key test for Bitcoin is the value area high resistance level.
Meanwhile, Bitcoin Cash (BCH) is exhibiting its own signs of underlying strength despite a quiet price action around the $595–$600 range. On-chain data reveals a significant drop in coin movement, with spent coin activity falling to approximately 714, its lowest level since early September 2025. This decline in activity typically indicates reduced selling pressure as fewer holders look to exit. This pattern has previously preceded price advances for BCH.
Technically, Bitcoin Cash price is holding above its 20-day Exponential Moving Average (EMA), a level that has previously supported bullish expansions. A bullish RSI divergence has also been observed, further suggesting waning seller control. The immediate future for BCH hinges on the $600–$630 zone; a sustained hold above it could open a path toward $686, representing a potential 15% upside. Conversely, a break below key EMAs could see prices retreat toward $538 or even $498.
