HELPFUL NEWS ALERT
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Unprecedented Presidential Support for Bitcoin
No American president in history has ever been as clear and high-profile in supporting Bitcoin as Donald Trump!
Potential Market Rebound with Trump's Election
In a column for The Scoop, co-authored by Frank Chaparro of The Block and Laura Vidiella of MNNC Group, QCP mentioned that the market needs a catalyst to reignite momentum. They suggested that the strong launch of a spot Ethereum ETF could be such a catalyst, potentially increasing liquidity and surprising the market with an upward trend.
Additionally, some analysts believe that if Trump wins the upcoming US election in November, the market may rebound and enter a massive bull market cycle. Currently, the derivatives market reflects temporary pessimism, with the inverted term structure indicating higher implied volatility for short-term options compared to long-term options, signifying excessive bearish sentiment.
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