QCP: BTC rebounded quickly after falling below 100,000, and the market still regards geopolitical conflicts as local risks

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QCP Capital pointed out that BTC fell to $98,200 over the weekend, triggered by over $1 billion in liquidation due to Iran's threat to close the Hormuz Strait. However, it quickly rebounded to above $100,000, indicating that the market views this as a regional conflict rather than a systemic risk, with an overall rational sentiment. Digital assets are at a critical point under macroeconomic uncertainty, and short-term trends will be influenced by Federal Reserve speeches and US economic data.

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