QCP Capital: Maintain long-term structural bullish view, stay vigilant for major events this week
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: The current Crypto Fear & Greed Index is 28, indicating a state of fear.