QCP: Despite Trump's macro market pressure, BTC still shows safe-haven resilience

QCP Capital stated in its latest market brief that despite U.S. President Trump facing pressure from tariff policies, expressing dissatisfaction with inflation issues, and even expressing willingness to personally visit China to restart trade negotiations, Bitcoin's price remains resilient. Stimulated by Metaplanet's investment of $104 million in Bitcoin and Strategy Inc's weekend additional purchase, BTC briefly broke through $107,000 on Sunday. Subsequently, due to market makers locking in profits and triggering leveraged long liquidations, the gains slightly retreated, but overall remained within the recent range. QCP noted that after Moody's downgrade of the U.S. credit rating, stock market risk sentiment heated up, but BTC rose against the trend over the weekend, reinforcing its positioning as a "value reserve" asset. Additionally, Coinbase will officially be included in the S&P 500 index tonight, and its recent acquisition of Deribit further enhances mainstream institutional confidence. Moreover, the volatility market maintains an optimistic atmosphere, with BTC call option premiums across various terms remaining solid, indicating that the market remains bullish on Bitcoin in the medium to long term.