🎉Good news! QCP Capital pointed out in its latest market analysis that this week, the prices of Bitcoin (BTC) and Ethereum (ETH) rebounded to the critical $58,000 and $3,100, and the market has regained some stability. 📈

🔍Why? First, with inflation slowing and macro market sentiment positive, the market expects a 95% chance of a rate cut in September. Second, the German government's 50,000 BTC sell-off has been completed. Finally, spot ETFs are in strong demand, with net inflows of about $1 billion this week. 💰

📣While cryptocurrency social media and retail sentiment have been in a state of panic, large hedge funds have been actively increasing their BTC upside exposure, especially December and March call options, targeting a price level of $100,000-120,000. 🚀

It seems that despite market volatility, Bitcoin's prospects are still bright! Let's look forward to more good news together! 🎉