💥 QCP Capital: Overly Bullish Positioning Behind Market Crash

The hawkish #FOMC triggered a sharp selloff in risk assets:

- Nasdaq fell 3.56%, S&P 500 dropped 2.95%, and $BTC declined 6.13%.

- $BTC hit a low of $98,800 during the Asia session, with altcoins losing over 10%.

- The market saw $258.6M in long liquidations.

👉 While the #Fed ’s expected 25bps cut wasn’t the issue, the panic was driven by a revised dot plot, now projecting 2 rate cuts in 2025, below the market's expectation of 3.

👉 QCP points to the root cause being overly bullish market positioning, leaving risk assets vulnerable after a one-sided rally post-election.