QCP Capital 最新报告指出，受中国人民银行大规模刺激措施推动，上海综合指数 (SSE) 今日上涨 4.15%。央行降准 50 个基点释放 1 万亿元贷款资金，并推出 5000 亿元股市投资资金计划。大宗商品价格对此积极响应，布伦特原油上涨 2.35%，铜价上涨 2.32%。中国的强劲政策行动紧随美联储降息 50 个基点之后，表明全球降息潮将持续，短期内将为资产价格提供有力支撑。期权市场上...

<div>QCP Capital 最新报告指出，受中国人民银行大规模刺激措施推动，上海综合指数 (SSE) 今日上涨 4.15%。央行降准 50 个基点释放 1 万亿元贷款资金，并推出 5000 亿元股市投资资金计划。大宗商品价格对此积极响应，布伦特原油上涨 2.35%，铜价上涨 2.32%。中国的强劲政策行动紧随美联储降息 50 个基点之后，表明全球降息潮将持续，短期内将为资产价格提供有力支撑。期权市场上，ETH 的短期偏斜从看跌转向看涨，且 ETH 隐含波动率较 BTC 高出 9%，这表明市场情绪偏向上涨，且预期波动性更高。<div> </div><br><br></div>

QCP：ETH 隐含波动率较 BTC 高出 9%，市场看好 ETH 上行且预期波动性更大

QCP Capital's latest report indicates that driven by the massive stimulus measures of the People's Bank of China, the Shanghai Composite Index (SSE) rose 4.15% today. The central bank cut the reserve requirement ratio by 50 basis points, releasing 1 trillion yuan in loan funds, and launched a 500 billion yuan stock market investment fund plan. Commodity prices responded positively to this, with Brent crude oil rising 2.35% and copper prices rising 2.32%. China's strong policy actions, following the U.S. Federal Reserve's 50 basis point rate cut, indicate that the global rate cut trend will continue, providing strong support for asset prices in the short term. In the options market...

<div>QCP Capital&#39;s latest report points out that the Shanghai Composite Index (SSE) rose 4.15% today, driven by the People&#39;s Bank of China&#39;s massive stimulus measures. The central bank cut the reserve requirement ratio by 50 basis points to release 1 trillion yuan of loan funds and launched a 500 billion yuan stock market investment fund plan. Commodity prices responded positively, with Brent crude oil rising 2.35% and copper prices rising 2.32%. China&#39;s strong policy actions followed the Fed&#39;s 50 basis point rate cut, indicating that the global interest rate cut trend will continue and provide strong support for asset prices in the short term. In the options market, ETH&#39;s short-term skew has turned from bearish to bullish, and ETH&#39;s implied volatility is 9% higher than BTC, indicating that market sentiment is biased towards the upside and higher volatility is expected.<div></div><br><br></div>

QCP: ETH implied volatility is 9% higher than BTC. The market is optimistic about ETH's upward trend and expects greater volatility.

Odaily reports that QCP has released its daily outlook, stating that Harris winning this election may not be as bearish as the market thinks. To win the votes of cryptocurrency users, Harris promised to help develop the cryptocurrency industry at a fundraising event last weekend. This is another move after Anthony Scaramucci and other cryptocurrency supporters developed cryptocurrency policies for her campaign. Harris' obvious pro-cryptocurrency attitude shift, coupled with favorable macroeconomic factors, has given the cryptocurrency market a good start this week, triggering a short squeeze of nearly $60 million. Last week, QCP mentioned that Bitcoin could rise 13.8% from the low of $57,500. Since last Monday, Bitcoin has rebounded nearly 12% and still seems to have further upside momentum. Over the past month, the front-end put option skew has started to normalize, with more high-level buyers and low-level sellers entering the market over the weekend. Even the funding rates of major trading platforms are improving, and the basis yield has become relatively more attractive as interest rates decline.

QCP: Harris's pro-crypto attitude and the improvement of funding rates on mainstream trading platforms may lead to further market growth

The market's expectations of interest rate cuts are maintaining an optimistic sentiment in the digital currency market. BTC ETF continues to receive capital inflows from leading institutions, and the recent positive news of potential ETF approval has attracted significant attention from the community. In this regard, ETH appears to be slightly weaker, with limited inflows from TradFi, and it even faces selling pressure from Grayscale ETHE, but its price rise relative to BTC has been a hot topic recently.

SignalPlus Volatility Column (20240924): Oscillation? Breakthrough?

The upcoming US presidential election will impact future market volatility.

Author: Kaiko
Compiled by: Block unicorn

Last week, the US Federal Reserve (the Fed) unexpectedly cut interest rates by 50 basis points, kicking off an easing cycle. The Fed also hinted at two more rate cuts within the year. This move reignited hopes for a soft landing for the US economy, where growth slows without triggering a recession. In response, US stocks and Bitcoin recorded significant gains after the Federal Open Market Committee (FOMC) meeting, with Bitcoin's price rising by ... within 24 hours of the announcement.