QCP: Despite Trump's macro market pressure, BTC still shows safe-haven resilience

Odaily News QCP Capital said in its latest market briefing that despite the pressure from US President Trump's tariff policy, his dissatisfaction with inflation, and his willingness to visit China to restart trade negotiations, the price of Bitcoin remained strong. Stimulated by Metaplanet's $104 million purchase of Bitcoin and Strategy Inc's weekend increase in holdings, BTC briefly broke through $107,000 on Sunday. Subsequently, due to the liquidation of leveraged long positions caused by market makers locking in profits, the increase was retreated, but overall it remained within the recent range.
QCP pointed out that after Moody's downgraded the US credit rating, the risk sentiment of the US stock market heated up, but BTC rose against the trend over the weekend, strengthening its position as a "value reserve" asset. In addition, Coinbase will be officially included in the S&P 500 index tonight, and its recent acquisition of Deribit has further boosted the confidence of mainstream institutions.
In addition, the volatility market maintains an optimistic atmosphere, and the premium structure of BTC call options of various maturities remains solid, indicating that the market is still bullish on Bitcoin in the medium and long term.