QCP: Market enters a key macro window, BTC may maintain range-bound volatility in the short term

Odaily Odaily reports that the latest market report from CP Capital indicates the market is entering a crucial week, with Trump and the Chinese leader meeting in Beijing, while the US April CPI, PPI, and retail sales data are also set to be released, with the market watching whether inflation will rebound.

QCP states that for the crypto market, the core issue is whether easing inflation can drive down real interest rates, thereby continuing to support risk assets. Despite recent ETF outflows and market disruptions surrounding rumors of Strategy selling Bitcoin, BTC has remained stable above the $80,000 mark, showing overall resilience.

Furthermore, the US Senate Banking Committee's deliberation on the CLARITY Act continues to attract market attention. However, QCP believes that current crypto market volatility is near the year's lows, with the VIX hovering around 18. In the short term, the market is likely to remain range-bound, with $84,000 seen as a key resistance level.