QCP： Inflation concerns remain a focus of attention, and BTC is unlikely to break through to higher levels in the short term without a catalyst

Odaily Planet Daily reported that QCP stated in its channel that with the escalation of tariff tensions, inflation concerns remain the most concerning issue for people. So far, the only confirmed blow is the imposition of a 10% tariff on some Chinese goods. If a consensus is reached, the proposed 25% tariff on Canada and Mexico can be avoided, and the planned increase in steel and aluminum tariffs from 10% to 25% will take effect on March 12th. However, the market has largely digested these risks. Despite ongoing uncertainty, the stock market continues to rise and the VIX futures structure remains stable. The slow decline in the sideways consolidation of the market has led to the dominance of volatility sellers, while long volatility positions are difficult to generate returns. Cryptocurrencies are still under pressure, and SOL is facing the impact of unlocking $3 billion worth of tokens. At the same time, Argentina's latest Meme surged $4 billion with the support of the president, before plummeting 89%, causing huge losses to thousands of investors. In addition, Strategy (NASDAQ stock code: MSTR) did not purchase any Bitcoin last week, marking the second time its holdings have remained unchanged at 478740 Bitcoin. However, the company plans to strengthen its Bitcoin position through a private issuance of $2 billion convertible senior notes. Despite these unfavorable factors, Bitcoin remained resilient around $95000 after falling to $93000, but it is difficult to break through to higher levels in the short term without a catalyst.