Odaily Planet Daily News QCP Capital pointed out in its latest market analysis report: 1. Bearish on Bitcoin: Selling pressure from potential supply distributed by Mt. Gox (about US$9.6 billion) and DMM hacking (about US$305 million); 2. Bullish on Ethereum: Ethereum spot ETF may start trading earlier than expected in June, and the US SEC urges applicants to submit S-1 forms by May 31.