CoinVoice recently learned that QCP Capital posted on its official channel that there was a conflict between Iran and Israel this week, and the market expects Israel's retaliation to be more severe, and their targets are key infrastructure such as Iranian nuclear facilities or oil facilities. In addition, the non-agricultural data reflects a strong labor market, coupled with the possibility of further interest rate cuts later this year, which boosted risky assets and allowed BTC to regain $62,000.
As time goes into the fourth quarter, option market activity continues to grow, and demand for December call options is still increasing, highlighting the market's bullish view for the end of the year. Although QCP Capital still believes that macro data still supports the "Uptober" view. However, before the US election, geopolitical risks are the biggest hidden danger. QCP Capital prefers to lock in yields at current levels, take profits, and prepare for the end-of-year rise. [Original link]
