QCP: The market is entering a key macro window, and BTC may remain in a range

According to Odaily, a recent market report from CP Capital indicates that the market is entering a crucial week as Trump and the Chinese leader are about to meet in Beijing, and the US April CPI, PPI, and retail sales data are also set to be released. The market is closely watching whether inflation will rise again.

QCP stated that for the crypto market, the core issue is whether slowing inflation can drive real interest rates down, thereby continuing to support risk assets. Although there have been recent capital outflows from ETFs and market disturbances surrounding rumors of Strategy selling Bitcoin, BTC has remained stable above $80,000, demonstrating overall resilience.

In addition, the US Senate Banking Committee's review of the CLARITY Act continues to attract market attention. However, QCP believes that the current crypto market volatility is close to the yearly low, with the VIX remaining around 18. In the short term, the market is likely to continue fluctuating within a range, with $84,000 considered a key resistance level.