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BTC $70,858.42 -1.04%
ETH $2,092.23 -1.58%
BNB $654.96 -0.88%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $460.22 -2.44%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

QCP Capital: Maintain a long-term structural bullish outlook and stay vigilant for major events this week

2024-09-10 14:22:09
Collection

ChainCatcher news, QCP Capital's latest report indicates that the cryptocurrency market has stabilized after last week's volatility, but implied volatility remains high. The market is on alert for significant events happening this week, particularly the debate between Trump and Harris, as well as the release of CPI data. Following last week's sharp decline, the market remains cautious about downside risks, with the risk reversal for Bitcoin and Ethereum still skewed towards bearish options until October. Despite numerous uncertainties and price fluctuations in the short term, QCP maintains a structurally bullish stance.

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