QCP： It is expected that the Federal Reserve will maintain a "wait-and-see" attitude, with Bitcoin receiving partial support around $80000

BlockBeats news, on March 19th, QCP released a daily market observation stating that "today happens to be one month after the S&P500 hit a new historical high. The latest decline, some of the largest macro hedge funds have cut losses in this month's market crash. The Millennium report stated that losses from just two teams reached $900 million, while Brevan Howard's main fund has fallen 5% year to date, prompting traders to face stricter risk limits. The upcoming deadline of April 2nd is when Trump is expected to launch a new round of retaliatory tariffs. This remains the biggest pressure faced by risky assets. Tonight's FOMC meeting is likely to keep interest rates unchanged. However, we will closely monitor whether there will be any dovish turn, especially in terms of growth and inflation expectations. Due to the impact of tariffs not being transmitted to the economy for several months, we expect the Federal Reserve to maintain a 'wait-and-see' attitude. The tariff decision on April 2nd, although well anticipated, remains a key uncertain factor. With the closing of momentum and arbitrage trades, Bitcoin has found some support around $80000, but this support seems extremely fragile in the broader context of macroeconomic weakness. But in the short term, it is difficult for us to find significant favorable factors that can reverse this decline. Our focus is still on principal protected return strategies to protect our capital reserves and hedge risks during extended downturns