QCP Capital: Market volatility will remain low during the summer

Odaily News QCP Capital published an analysis in the Telegram channel, saying: "Despite strong momentum in the stock market, BTC is still struggling to recover after the Federal Open Market Committee (FOMC) meeting. Why is there such a divergence? We think this is because BTC miners are experiencing a post-halving collapse, which directly suppresses prices. Flowbank, one of the banks with a three-party agreement with Binance, is also facing bankruptcy proceedings. We will usher in a quiet summer with low volatility and no catalysts that can drive the market. We don't think ETH will make a big move immediately, and Gensler expects the approval of the spot ETH ETF to take place in late summer."