Bitcoin faces weak liquidity as markets assign 87.2% odds to Fed cut to 3.50%-3.75% amid miner pressure

Bitcoin is heading into the next Federal Reserve decision with thin liquidity and fragile leverage, as CME FedWatch data show an 87.2% probability of a rate cut to 3.50%-3.75%. CryptoQuant reports that exchange reserves have fallen from about 2.95M BTC to roughly 2.76M BTC, suggesting softer spot demand. Alphractal highlights that global liquidity remains stuck between $28 trillion and $30 trillion and points to a strong correlation between India and Bitcoin, while miner signals have turned bearish.