QCP Capital Analysis pointed out that the market has stabilized this week, with BTC and ETH rebounding to $58,000 and $3,100 respectively. The reasons for the rebound include positive macroeconomic sentiment, slowing inflation, the market expecting a 95% chance of a rate cut in September, and the German government's completion of the sale of 50,000 BTC, and the spot price remained strong. At the same time, spot ETFs have strong demand, with net inflows of about $1 billion this week. Despite the panic in market sentiment, large hedge funds are actively buying BTC December and March next year call options, with a target price of $100-120k.