QCP: The crypto market downplays Iran risk escalation, but the sustainability of the latest rebound remains to be verified

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ME News, April 6 (UTC+8). QCP Capital’s latest analysis indicates that U.S. President Trump has once again postponed his decision to take action against Iran until Tuesday, marking the fourth time it has been delayed. The market is gradually becoming immune to the recurring pattern of “tough statements + negotiation signals.” Expectations for risk escalation have cooled; oil prices have weakened, and stock index futures have stayed steady.

In the crypto market, during Asian trading hours, Bitcoin and Ethereum each rose above $69,000 and $2,140, respectively, triggering approximately $200 million in short liquidations in a liquidity-thin environment. Overall, despite ongoing geopolitical disruptions, price performance is more geared toward stabilizing rather than coming under pressure.

On the liquidity front, institutional funds continue to provide support. Bitcoin ETFs recorded about a $1.32 billion net inflow in March. The market sentiment is currently generally “risk-on,” and investors have not made sufficient preparations for a near-term escalation of the conflict. However, as U.S. markets reopen, the durability of this rebound still remains to be verified. (Source: ODAILY)

BTC3.18%
ETH3.76%
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