According to Golden Finance, QCP Capital posted on its official channel that although Bitcoin fell to $54,000 a few days ago and altcoins also fell by 30%, the market was full of panic, but the agency still maintained a medium-term bullish view. It believes that the current positive factors include:

Powell is dovish, and the market believes that the possibility of a rate cut in September is 100%

German government sell-off ends

The launch of ETH spot ETF is basically a foregone conclusion

Trump chooses J.D. Vance for vice president.