According to CoinMeta, following the decisions of the Federal Reserve, Bitcoin futures experienced significant fluctuations, but the initial price movements did not result in a lasting directional breakthrough. In July, Bitcoin futures contracts soared from below $64,000 to around $64,720 for the first time, before quickly falling back to $63,335. Although buyers managed to recover most of the losses later on, the rebound stalled around $64,405. Currently, Bitcoin futures trading is near $64,075, which is close to today's VWAP. The key point is that Bitcoin futures remain fragile between $63,920 and $64,375; a breakout above $64,375 would be conducive to further gains, whereas a sustained fall below $63,920 would give sellers the upper hand again.