Odaily News QCP Capital posted on its official telegram channel: "With the holidays approaching, Bitcoin seems to have found a comfort zone above $93,000. Meanwhile, MicroStrategy recently purchased another $5.4 million in BTC at an average price of $97,862, and its stock price fell 35% as a result. Despite this, MSTR stock price found support near its 20-day moving average, holding intraday lows and is expected to find support above $350. ETH is recovering after BTC's decline, rising more than 4% at one point yesterday, while BTC fell 1.5% during the same period. The ETH/BTC exchange rate soared 13% from its post-election low of 0.0318 to 0.0366, indicating that the market is turning to ETH. ETH's performance even outperformed the broader CoinDesk 20 index, which rose only 0.5%. Wall Street hit a record high after Trump nominated Scott Bessant as Treasury Secretary, boosting market sentiment. The Dow Jones Industrial Average surged 439 points (0.49%) to 44,860 The S&P 500 surpassed the 6,000 mark at 11:00 p.m. on Thursday, while the Nasdaq Composite rose 0.75%. Bessant outlined his “three arrows” strategy for the U.S. economy, which targets a 3% budget deficit, 3% GDP growth, and a 3 million barrel per day increase in oil production by 2028. Bessant’s market-friendly strategy and potential willingness to ease Trump’s tariff policy fueled optimism and fueled a broad-based rally across markets, led by risk assets.