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QCP Capital: Geopolitical risk is currently the biggest threat, investors can lock in profits and prepare for the year-end pump
BlockBeats news, on October 5, QCP Capital posted on the official channel that the conflict between Iran and Israel occurred this week, and the market expects Israel's retaliation to be more severe, and they target critical infrastructure such as Iran's nuclear facilities or oil facilities. In addition, the non-farm payrolls data reflecting a strong labor market, coupled with the possibility of further rate cuts later this year, boosted risk assets and allowed BTC to reclaim $62,000. As we move into Q4, Options market activity continues to rise, with demand for bullishOptions still increasing in December, highlighting the market's bullish view towards the end of the year. While QCP Capital still believes that the macro data still supports the "bullish October" (Uptober) view. But before the United States election, geopolitical risks are the biggest hidden danger, and QCP Capital prefers to lock in yields at current levels, settle in the pocket, and prepare for the pump at the end of the year.