QCP Capital said that despite the continued decline in Chinese stocks, the US stock market has steadily climbed, indicating that risk assets are about to rebound. The uncertainty of the situation in the Middle East and the US election has failed to affect the US market. In the cryptocurrency market, Meme coins rose due to increased trading activity, and the funding rate of exchanges increased, indicating an increase in long positions. Despite short-term uncertainties, QCP Capital is optimistic about the medium-term outlook.

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