According to BlockBeats, on July 13, QCP Capital reported on its official channel that the market has regained some stability this week, with Bitcoin (BTC) and Ethereum (ETH) rising to critical levels of $58,000 and $3,100, respectively. Several factors contributed to this rebound, including positive macroeconomic sentiment, a slowdown in inflation, and a 95% probability of an interest rate cut in September. Additionally, the German government's sale of 50,000 BTC has been completed, and there has been strong demand for spot ETFs, with a net inflow of approximately $1 billion this week.
Despite the volatility in the market and the panic among retail investors and cryptocurrency social media, large hedge funds have been confidently and actively purchasing BTC, particularly focusing on December and March call options with target price levels of $100,000 to $120,000.
