TechFlow reports that QCP Capital, a global digital asset trading firm and market maker, said the Federal Reserve's comments have boosted market sentiment. During Powell's press conference, he expressed no concern over January and February's high inflation data, even highlighting weakness in the labor market. Despite news that the U.S. SEC has classified Ethereum as a security, downside concerns for Ethereum have eased.
From now until BTC reaches a new all-time high, market optimism may persist. It might be time to consider accumulator or daily-discount DCA structures to accumulate Bitcoin or Ethereum at discounted prices over the coming quarter.
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