Odaily星球日报讯 QCP Capital 发文分析称，所有人的目光都集中在今晚的美国 CPI 数据上。在美联储降息的推动下，疲软的 CPI 可能会支持股票和加密货币等风险资产的复苏。昨晚美国 PPI 数据走软，市场预期美联储将在 9 月降息 50 个基点，目前 50 个基点的概率为 52.5%，而 25 个基点的概率为 47.5%。随着 ETF 持续流入和贝莱德上周逢低买入，加密货币似乎得到了相对良好的支撑。然而，由于没有重大催化剂出现，预计直到第四季度才可能会出现重大突破。

QCP Capital：若美国CPI数据疲软或将支持加密货币等风险资产复苏

Odaily Odaily News QCP Capital published an analysis saying that all eyes are on tonight&#39;s US CPI data. Driven by the Fed&#39;s rate cut, weak CPI may support the recovery of risky assets such as stocks and cryptocurrencies. Last night&#39;s US PPI data weakened, and the market expects the Fed to cut interest rates by 50 basis points in September. The current probability of 50 basis points is 52.5%, while the probability of 25 basis points is 47.5%. With continued inflows into ETFs and BlackRock buying on dips last week, cryptocurrencies seem to be relatively well supported. However, in the absence of major catalysts, a major breakthrough is not expected until the fourth quarter.

QCP Capital: If the US CPI data is weak, it may support the recovery of risk assets such as cryptocurrencies

PANews reported on August 12 that QCP Capital pointed out that although it has been a week since the market experienced a significant decline, and the price recovery momentum is strong, BTC is still struggling to maintain above $60,000. The BTC put option skew has recovered significantly from the -25% panic level to the -5% pre-washout level, but the market remains cautious in the short term, and the BTC put option skew will continue until September. Due to the continued positive capital inflow into BlackRock this week, it is expected that US investors will continue to provide liquidity and support. Macroeconomic factors are still crucial for the cryptocurrency market. Although Asian stock markets were supported today, some potential volatility events need to be noted, such as Musk's and Trump's interviews, and the US CPI data on Wednesday.

QCP Capital: The BTC put option skew has recovered from the -25% panic level to the -5% pre-washout level.

US Treasury yields rose as a weaker-than-expected US Producer Price Index (PPI) report supported the Federal Reserve's more aggressive reduction of borrowing costs this year. On Tuesday, the rise in Treasury yields pushed the yield curve down by at least 4 basis points, with the 2-year Treasury yield falling about 5 basis points to just below 4%, and the 10-year Treasury yield falling to around 3.9%. After the release of the weak PPI report, Brandywine Global Investment Management portfolio manager Jack McIntyre said, "You can breathe a sigh of relief." The PPI report kicked off the release of a series of economic data this week. Consumer price and retail sales data will be released on Wednesday and Thursday, respectively, and are expected to help investors assess the potential magnitude and pace of the Federal Reserve's rate cuts.

PPI increase less than expected supports the Fed's aggressive rate cuts.

Odaily reports that QCP Capital has published an analysis stating that BTC has regained the $60,000 level and stabilized at this level, completely reversing last Monday's sell-off. Last night, a suspected Bitgo address transferred $2 billion worth of Mt. Gox's BTC, but the BTC price even rose, which may indicate that the market is beginning to ignore this supply factor. The ETH spot ETF continues to attract inflows, rising for two consecutive days, and attracted a net inflow of $24.3 million on Tuesday.