QCP Capital: BTC put option skew has recovered from -25% to -5%
According to the latest report from QCP Capital, after the market experienced a significant correction last week, the price of BTC has rebounded strongly, but it is still struggling to maintain a level above $60,000. The BTC put option skew has recovered significantly from the panic level of -25% to -5% before the washout, but the market remains cautious in the short term, and the BTC put option skew is expected to persist until before September. Due to the continuous positive capital inflow into Blackrock this week, QCP Capital expects US investors to continue to provide liquidity and support. Macroeconomic factors remain the key to the crypto market. Although Asian stock markets were supported today, some potential volatility events need to be noted, such as Elon Musk's interview with Trump tonight at 8 PM ET and the US CPI data on Wednesday.
