ChainCatcher news, QCP Capital published an analysis pointing out that driven by the stimulus measures of the People's Bank of China, the Shanghai Composite Index (SSE) rose 4.15% today, marking a critical moment for the global market. Global easing policies will continue and will provide strong support for asset prices in the short term.

In terms of cryptocurrencies, this general bullish momentum has caused ETH prices to rise more relative to BTC, with ETH/BTC rising from 0.038 last Friday to 0.0415 today. ETH implied volatility is 9% higher than BTC, indicating that market sentiment is upward and expected volatility is also higher.