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QCP Capital: Maintain long-term structural bullish view, stay vigilant for major events this week

QCP Capital: Maintain long-term structural bullish view, stay vigilant for major events this week

Bitget2024/09/10 07:10

News on September 10, QCP Capital's latest report pointed out that the cryptocurrency market has stabilized after experiencing fluctuations last week, but implied volatility still remains high. The market is vigilant about major events happening this week, especially the debate between Trump and Harris and the release of CPI data. Affected by the sharp drop last week, the market still maintains a cautious attitude towards downside risks. The risk reversals of Bitcoin and Ethereum are still biased towards put options until October. Despite many uncertainties and price fluctuations in the short term, QCP still maintains a structurally bullish stance.

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