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TechFlow news: QCP Capital指出, there are currently two potential bullish factors expected to drive the market through year-end:
First, the U.S. election could boost market optimism—Trump has consistently been crypto-friendly, and Biden may adopt a similar stance;
Second, if the Federal Reserve does not clearly rule out rate cuts or signal further hikes, markets may continue pricing in rate cuts, sustaining bullish sentiment for some time.
QCP Capital noted that there are currently two potential bullish factors expected to persist until year-end: first, the U.S. election could drive bullish market sentiment—Trump has consistently been crypto-friendly, and Biden may adopt a similar stance; second, if the Federal Reserve does not clearly rule out rate cuts or signal further hikes, markets may continue to price in rate cut expectations, which could sustain bullish sentiment for some time.
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