QCP: BTC may be boosted by Trump's tariff exemption remarks, but options market remains cautious

QCP Capital's analysis indicates that risk assets have experienced one of the strongest trading days of the year, thanks to temporary easing of concerns around the April 2 tariff deadline. Trump hinted twice on Monday that trading partners may receive exemptions or tax cuts, providing a breathing space to ease market tensions. One of the fastest recent declines in the US stock market may have passed, and JPMorgan and an increasing number of strategists are telling their clients that market sentiment is improving and historically favorable seasonal factors are working together. Boosted by Trump's tariff exemption remarks, BTC briefly broke through $88000, and the market experienced a short-term rebound. Although the second quarter is usually one of the strongest periods for risk asset performance, the options market remains cautious, and the bullish tilt is expected to become apparent only in June. Investors are paying attention to the expiration of quarterly options this Friday and the upcoming release of PCE inflation data, the latter of which may become the next key catalyst.