QCP: The market shifts to cautious observation, Bitcoin maintains range-bound fluctuations

ChainCatcher messages, QCP released market observations stating that as geopolitical favorable factors fade, macroeconomic uncertainties are once again dominating market sentiment, with both traditional and crypto markets turning cautious and watchful. The report pointed out that the Federal Reserve’s meeting and Powell’s statements could become short-term key variables; if hawkish signals are released, they may put pressure on liquidity-driven assets.

QCP also stated that Bitcoin has maintained a range-bound consolidation after rising in April, with currently light positions and compressed volatility, reflecting that the market as a whole is in a waiting phase for direction choice.

BTC2.85%
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