CryptoQuant, an on-chain data analytics firm, reports that ahead of the Federal Reserve's upcoming interest rate decision, derivatives market traders have clearly shifted to a bullish sentiment. However, if Bitcoin prices continue to rise, they may encounter resistance in the $75,000 to $85,000 range. Julio Moreno, Head of Research at CryptoQuant, points out that long positions in the perpetual contract market have increased significantly recently, indicating that traders generally expect further upward movement in the short term. As Bitcoin broke through $70,000, a large number of short positions were liquidated, while new long positions continued to be established above $73,000. Meanwhile, funding rates also reflect a change in market sentiment. Bitcoin perpetual contract funding rates were extremely negative before March 13th, but have turned generally positive since March 15th, indicating that traders are willing to pay fees to maintain long positions. Ethereum funding rates have also mostly remained positive since March 9th. However, CryptoQuant points out that if Bitcoin continues to rise, it may first encounter resistance around $75,000, which corresponds to the lower edge of the "Traders' On-chain Realized Price". The next important resistance zone is around $85,000, a level that served as price resistance during the rallies in October 2025 and January of this year.