According to TechFlow, on August 28, QCP Capital's latest report pointed out that the Federal Reserve is now more inclined to prevent the collapse of the job market, and the possibility of a 50 basis point interest rate cut in September has increased significantly. The market currently expects four interest rate cuts in 2024. Although the US stock market is close to its historical high, QCP is cautious about its short-term performance.

Analysts expect that any pullback in stocks and cryptocurrencies will be short-lived as the Federal Reserve is about to start a rate cut cycle. QCP recommends that investors focus on products that can provide income and upside potential to seize future market opportunities.