QCP: The market is shifting to cautious observation, Bitcoin remains in a range-bound fluctuation

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 current positions being relatively light and volatility compressed, reflecting that the overall market is in a waiting phase for direction choice.

BTC0.28%
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