CoinVoice has learned that QCP Capital's latest analysis points out that BTC spot has shown a significant gap due to thin liquidity, and the recent rebound is limited by ongoing selling pressure.
Since December 19, the net outflow of spot ETFs has reached $1.8 billion, and MicroStrategy's BTC purchases have noticeably slowed, reflecting the weak trend in the crypto market consistent with overall market sentiment. The S&P 500 and Nasdaq have fallen more than 1% for the third time in eight trading days. Despite a lackluster year-end performance, BTC rose 120% by year-end, surpassing global stocks and gold.
Looking ahead to 2025, despite an optimistic view on crypto-friendly policies after the Trump administration, institutional asset allocation adjustments may become a key catalyst. BTC is widely adopted among various institutions, which is expected to strengthen its dominant position, stabilize spot volatility, and drive the demand for hedging and selling call options to rise. [Original link]
