QCP Capital: The Japanese stock market has rebounded to pre-crash levels, and investors remain cautious ahead of the US CPI data release

ChainCatcher news, QCP Capital's latest report indicates that the Japanese stock market has rebounded to pre-crash levels today, but investors remain cautious ahead of the U.S. CPI data release this week. The market will focus on the inflation data to determine whether the Federal Reserve will cut rates by 50 basis points or 25 basis points in September, with both probabilities currently equal. In addition, the cumulative inflow of the ETH spot ETF has exceeded $901 million after a net inflow yesterday, and Grayscale has achieved zero outflows for the first time. This provides strong support for the ETH price and may act as a catalyst for ETH's recovery.