QCP: BTC and ETH still show a bearish trend, expecting more surprises from Trump

Odaily Planet Daily News: QCP stated on its official channel that "after a volatile week, we have finally returned to the starting point of last Monday. Over the weekend, Trump announced the establishment of the US 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 cryptocurrency to a historic high later this year. However, Trump still used this news to pull BTC back above $90000 during the low liquidity period on Sunday. 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 (BTC&ETH) still show a bearish trend. 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