QCP Capital: From now until BTC reaches a new high, the market may continue to be optimistic
QCP Capital, a global digital asset trading company and market maker, said that the Fed’s statement made the market full of optimism. In Powell’s press conference speech, he was not worried about the high inflation data in January and February and even emphasized the labor market. Weak. Despite the news that the U.S. Securities and Exchange Commission has classified Ethereum as a security, downside concerns for Ethereum have eased.
From now until BTC reaches new highs, the market may continue to be optimistic. Perhaps it’s time to adopt some accumulator or daily discount DCA structure to collect Bitcoin or Ethereum at a discount on the occasion of the next quarter.
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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