Planet News: QCP stated in its official channel that Bitcoin (BTC), Ethereum (ETH), and the S&P 500 Index have just experienced their worst quarterly performance in three years. Since last Friday, over $160 billion in crypto market value has been wiped out, with the market still seeking bullish momentum. The significant pullback last Friday was due to massive expiration at quarter-end, with traders selling heavily at mid-prices, causing excess funds to shift from neutral to negative. During the crypto deleveraging, macroeconomic data delivered another blow: core inflation data exceeded expectations, confirming inflation strength in February, despite consumer spending remaining low. The market is now nervously turning to the next potential catalyst, Trump's tariff policy on April 2nd. Volatility indicators paint a mixed picture, with the VIX index still high at 22, reflecting continued market unease. In contrast, crypto trading volumes withstood the selloff, continuing to trend lower despite similar declines and Friday's massive selloff. Platform data shows trading activity leaning bullish at Asian market open. Buyers are holding upper risk exposure (strike prices between $85,000 and $90,000) and selling downside risk (strike price at $75,000), which may be a bet on crypto's bullish second quarter.