In its daily report, QCP Capital has indicated that crypto market volatility remains under pressure, noting a lack of price direction.
Current Market Situation
QCP Capital reports that short-term volatility deviations are gradually turning neutral, with spot prices showing no clear direction.
Impact on Cryptocurrencies and Assets
Cryptocurrency fluctuations mirrored a sharp gold rally of nearly 3% on Monday, suggesting that investors are betting on a weaker dollar amidst geopolitical risks.
Recommendations for Investors
QCP advises investors to closely monitor volatility indicators and evolving inter-market correlations to prepare for potential systemic shocks.
Despite current uncertainties, QCP Capital emphasizes the importance of monitoring volatility and risks for both cryptocurrencies and traditional assets.