BlockBeats News, January 14, QCP published its daily market analysis stating, “U.S. employment remains strong, inflation stays steady. Risk appetite has fully returned, with risk assets broadly strengthening from stocks and precious metals to the U.S. dollar and crypto assets. Despite ongoing news related to Venezuela, Iran, and U.S. intervention, the market overall remains calm. Crude oil has received a certain premium due to geopolitical risks, but the overall market trend still shows resilience.”
More realistically, investors are interpreting the current situation from the perspective of the U.S. midterm elections: the market expects Trump to seek to boost market performance by relying on liquidity and a stronger U.S. position to support U.S. asset outperformance and create a global ‘risk-on’ market sentiment. After multiple failed attempts to break through, Bitcoin finally surpassed $95,000. If precious metals continue to benefit from currency devaluation trades, Bitcoin’s relative value advantage may once again attract funds back to digital assets.
Of course, key risks still exist, including the upcoming tariff ruling by the U.S. Supreme Court and further escalation of the situations in Venezuela or Iran. However, at present, the price trend indicates that significant risks have been priced in by the market. In the absence of a truly disruptive event, pullbacks remain buying opportunities.”
