Wu learned that QCP stated in its latest market report that BTC once fell below the support level of $58k on Wednesday, hitting a low near $57.7k, before rebounding above $60k due to lower-than-expected non-farm payroll data; ETH performed relatively stronger, returning to around $1,700, rebounding nearly 10% from its mid-week low. QCP noted that the options market has quickly digested the panic, with short-term volatility declining and call options dominating July capital flows. However, QCP warned that wage growth and unemployment data still leave room for the Fed to maintain a hawkish stance, and the macro market has not fully confirmed this rebound, so investors still need to remain cautious.