QCP Capital: From now until BTC hits a new high, the market may continue to be optimistic

2024/03/21 02:58

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The global digital asset trading company and market maker QCP Capital stated that the Federal Reserve's stance has filled the market with optimism. In Powell's press conference speech, he was not worried about the high inflation data in January and February, and even emphasized the weakness of the labor market. Despite rumors that the U.S. Securities and Exchange Commission will list Ethereum as a security, concerns about Ethereum's downturn have eased.

From now until BTC hits a new high, the market may continue to be optimistic. Perhaps it is time to adopt some accumulators or daily discount DCA structures to collect Bitcoin or Ethereum at discounted prices on the eve of next quarter.

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A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.

华尔街见闻•2026/10/16 22:46