QCP: Bitcoin is still oscillating near the low point of the several month range, with high volatility

区块律动BlockBeats|Mar 03, 2025 09:19
According to BlockBeats, on March 3rd, QCP released a daily analysis stating that "after a tumultuous week, we have finally returned to the starting point of last Monday.
Over the weekend, Trump announced the establishment of the America. Crypto Strategic Reserve. Some people believe that this measure has already been digested by the market, while others see it as the only strong catalyst to push cryptocurrencies to historic highs later this year. However, Trump chose to play this "life-saving card" early, pulling BTC back above $90000 during Sunday's low liquidity period.
With the recovery of risk assets, can we be considered to have re entered the bullish rhythm? Not even counting. At present, BTC is still oscillating near the low point of the several month range, and the volatility of the front-end cryptocurrency market is still high. The two mainstream currencies (BTCÐ) still show Put Skew (bearish bias). Meanwhile, the VIX index (panic index) remains high, reflecting the overall unease in the broad risk asset market, especially after the recent escalation of trade tariff conflicts by the US government.
When we think Trump's chips have been used up, he may still be hiding more surprises
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