TechFlow news, August 7 — QCP Capital's latest report indicated that despite the incredible market turbulence on Monday, assets have rebounded significantly, marking the first time traditional financial markets have felt the normalization of cryptocurrency. Although the initial shock has passed, continued selling pressure is expected in the coming days, with systematic funds continuing to reduce positions to cope with heightened volatility.
QCP Capital recommends monitoring the movements of Nasdaq, Nikkei, and USD/JPY, as cross-asset correlations will remain high in the short term; the Federal Reserve is unlikely to make emergency rate cuts in September and October to avoid exacerbating market panic.
On trading recommendations, as the acute phase of market volatility ends, establishing long-term bullish positions is advised in anticipation of an upcoming rate-cutting cycle; a 3-to-6-month trading horizon is preferred to guard against losses caused by high volatility.
