Odaily星球日报讯 QCP Capital 在其最新分析中表示，昨日 FOMC 的主要结论是，美联储明显倾向于鸽派：9 月潜在降息的影响已被市场完全消化。 然而加密货币市场没有受到股市反弹的影响，一夜之间经历了广泛抛售，直到今天早上。市场仍处于紧张状态，交易员密切关注每天的以太坊现货 ETF 资金流出，以及 Mt.Gox 和美国政府进一步施加的供应压力。 从长远来看，美国总统候选人和参议员之间关于主权比特币储备的讨论，以及其他国家效仿的可能性，可能会从根本上改变加密货币的格局。美国或主权国家对比特币价格的“做空”可能会产生重大影响，可能会使逢低积累成为一种战略投资方法。

Odaily星球日报讯 QCP Capital 在其最新分析中表示，昨日 FOMC 的主要结论是，美联储明显倾向于鸽派：9 月潜在降息的影响已被市场完全消化。然而加密货币市场没有受到股市反弹的影响，一夜之间经历了广泛抛售，直到今天早上。市场仍处于紧张状态，交易员密切关注每天的以太坊现货 ETF 资金流出，以及 Mt.Gox 和美国政府进一步施加的供应压力。从长远来看，美国总统候选人和参议员之间关于主权比特币储备的讨论，以及其他国家效仿的可能性，可能会从根本上改变加密货币的格局。美国或主权国家对比特币价格的“做空”可能会产生重大影响，可能会使逢低积累成为一种战略投资方法。

QCP：美国总统候选人等关于比特币储备的讨论或影响加密市场格局

Odaily reported that QCP Capital in its latest analysis stated that the main conclusion of yesterday's FOMC was that the Fed is clearly inclined to be dovish: the impact of a potential rate cut in September has been fully digested by the market. However, the cryptocurrency market has not been affected by the stock market rebound and has experienced widespread sell-offs overnight until this morning. The market remains tense, with traders closely monitoring the daily outflow of Ethereum spot ETF funds and the supply pressure from Mt. Gox and the US government. In the long run, the discussion between US presidential candidates and senators on sovereign Bitcoin reserves, as well as the possibility of other countries following suit, may fundamentally change the landscape of cryptocurrencies. The "shorting" of Bitcoin by the US or sovereign states may have a significant impact, and may make accumulating on dips a strategic investment approach.

Odaily Odaily News QCP Capital said in its latest analysis that the main conclusion of yesterday&#39;s FOMC was that the Fed was clearly inclined to dovishness: the impact of a potential rate cut in September has been fully digested by the market. However, the cryptocurrency market was not affected by the stock market rebound and experienced a widespread sell-off overnight until this morning. The market remains nervous, and traders are closely watching the daily Ethereum spot ETF outflows and the further supply pressures imposed by Mt.Gox and the US government. In the long run, discussions between US presidential candidates and senators about sovereign Bitcoin reserves, and the possibility that other countries will follow suit, may fundamentally change the cryptocurrency landscape. &quot;Short&quot; the price of Bitcoin by the United States or sovereign countries may have a significant impact, which may make accumulation on dips a strategic investment approach.

QCP: Discussions or impacts of US presidential candidates' Bitcoin reserves on the crypto market landscape.

PANews, July 31 - QCP Capital, a Singaporean cryptocurrency investment firm, stated: "Macroeconomic volatility is increasing. As the 'seven sisters' of US stocks withdraw, the Nasdaq index has fallen 10% from its peak. With increased volatility, foreign exchange carry trades such as longing USDJPY and shorting USDMXN are being unwound. Over the past two months, the volatility index (VIX) has been trading in the range of 12-14, but has now risen to a high of 19.50. Several factors have contributed to the increase in market uncertainty: 1. Value at Risk (VaR) shocks: Risk managers are forcing traders to reduce positions; increased selling leads to price declines, which in turn leads to increased volatility through feedback loops. 2. Overvalued stocks and overly optimistic earnings targets: When companies fail to meet targets, participants begin to question their forecasts for the future; Microsoft's recent miss on AI cloud revenue, leading to an 8% drop in after-hours stock price, is an example. 3. Global risk-off sentiment: Despite the recent softness in the US dollar, the AUD/USD and NZD/USD have both plummeted; commodities such as oil and copper have fallen 10-15% this month due to concerns about a global economic slowdown. We expect volatility to increase ahead of tonight's FOMC meeting. We do not expect a rate cut, and we are more focused on the statement and Powell's subsequent press conference. Our base case is for a rate cut in September and December. We remain vigilant to any deviations from current expectations, which could trigger a risk-off move across all assets, including cryptocurrencies. This would signal the Fed's view on the intensifying economic challenges."

QCP Capital said: "In the cryptocurrency space, we finally saw net inflows of $37 million into the ETH ETF. This has provided much-needed support for the price of ETH, which has lagged behind BTC over the past month. Nevertheless, we expect to see continued outflows from the 'ETHE' ETH ETF over the next two weeks. The recent US government seizure of 30,000 BTC from the Silk Road has introduced uncertainty into the crypto market. On the trading front, BTC has failed to break above $70,000 for the sixth time. We still believe BTC will continue to trade within a range. As the ETH ETF outflows subside over the next two weeks, we expect ETH to catch up to BTC, so longing ETH is our preferred trade. Our target is a breakout above $4,000, which was the 2024 high."

QCP Capital: Increased macroeconomic volatility, do not expect a rate cut this month, are bullish on Ethereum.

Investment bank Jefferies stated that Donald Trump's cryptocurrency promises may mean that the short-term Bitcoin price is closely related to the results of the US presidential election in November. At the BTC 2024 conference held in Nashville on Saturday, Trump promised to include Bitcoin in the US strategic reserve and that the US government would never sell the seized Bitcoin.

Investment bank Jefferies: Trump's crypto promises may mean that the short-term Bitcoin price is closely related to the results of the US presidential election in November.

Rate cuts are approaching, BTC is rebounding strongly, and the market is full of positive news. Has the bull market already started?
However, it is still necessary to pay attention to the risks of fluctuations and focus on the potential and space of projects with real income agreements.
Crypto market summary
1. From July 15 to July 28, BTC rebounded strongly, reaching a high of $69,000 (July 27), up 12.56%. ETH reached a high of $3,543 (July 22), and after the official listing of the ETH spot ETF on July 23, ETH experienced a brief surge, then began to decline...