QCP: Market Turns Cautious, Bitcoin Consolidates in a Range

Odaily News QCP released a market observation stating that as geopolitical tailwinds fade, macroeconomic uncertainty is once again dominating market sentiment, leading both traditional and crypto markets to adopt a cautious stance. The report indicates that the Federal Reserve's monetary policy meeting and Powell's remarks could become key short-term variables. If a hawkish tone is signaled, it may put pressure on liquidity-driven assets.

QCP also noted that after rising in April, Bitcoin has been consolidating within a range. Current positions are light, and volatility is compressed, reflecting that the market as a whole is in a phase of waiting for a directional breakout.