Odaily Planet Daily News QCP Capital’s latest report pointed out that the deputy governor of the Bank of Japan downplayed the possibility of another interest rate hike in the near future, which provides an opportunity for the encryption market to recover, but the performance of Ethereum is still unsatisfactory. In the short term, the Ethereum market may be limited by upward pressure as Jump Trading continues to liquidate its ETH holdings (21,394 wstETH remaining, approximately $63.6 million), while the Plus Token Ponzi scheme’s two Ethereum wallets totaled over the past 30 hours. 25,757 ETH (approximately $63.1 million) were collected. QCP Capital remains positive on Bitcoin, observing a significant increase in buying of call options expiring in December and March, with major funds also continuing to roll over their long-term bullish positions into September.