QCP Capital: Recently, the rebound has been repeatedly blocked due to insufficient liquidity, and it is expected that the institutional adjustment of positions in Q1 2025 will be beneficial to stabilize BTC prices.

BlockBeats news, QCP Capital stated in its official channel on December 31 that due to weak Liquidity, there is a significant gap in BTC Spot. Any upward Rebound in the past few days has been restricted by continued dumping pressure. As the year-end approaches, the momentum of BTC has clearly weakened, with Spot ETF net outflows of 1.8 billion USD since December 19, and MicroStrategy's BTC purchases slowing noticeably. The weakness in Cryptocurrency's PA reflects a more widespread market sentiment, as the S&P 500 Index and the Nasdaq Index have fallen by more than 1% for the third time in eight trading days, pricing behavior in the context of heightened global trade uncertainty in 2025. Looking into Q1 2025, while people are optimistic about Cryptocurrency-friendly regulations after Trump takes office, QCP believes that key catalysts may appear in January as institutions readjust their asset allocations. With BTC being widely adopted by numerous institutions (even university endowment funds have joined this group) this year, allocations may increase, thereby strengthening BTC's dominance, stabilizing Spot movements, and making volatility dynamics closer to stocks. It is expected that the demand for hedging downside put options will increase, while the selling of covered call options on the upside will increase.