Wu Says Has Learned That QCP Capital stated that Japan’s 10-year government bond yield fell by about 10 basis points, temporarily easing pressure on global liquidity from capital inflows and the closing of yen carry trades, and driving Bitcoin back up to around $64,000. Despite pressure from geopolitical conflicts, oil prices, and a stronger US dollar, after Bitcoin fell to about $61,500, it quickly regained buy-side support. QCP believes that the market is still determined by the outlook for the US dollar and real interest rates, and that it must continue to hold above $64,000 to further confirm a recovery in the second half of the year.