QCP Capital: Suggest locking in returns before interest rate cuts and preparing for bullish scenarios

ChainCatcher news, QCP Capital released this week's market analysis, with the debate between Trump and Harris becoming the focus of the week. Harris gained support from Taylor Swift, and Polymarket data shows her chances slightly above 50%; CPI data met expectations (2.5%), but PPI was slightly below expectations (2.4%), with the market maintaining a 50/50 probability for a 25 or 50 basis point rate cut; BTC ETF showed inflows, with Microstrategy increasing its holdings by 18,300 BTC, bringing the total to 244,800 BTC. Interest in ETH in the options market suddenly revived, with over 20k contracts purchased.

In terms of trading advice, despite short-term uncertainty and potential pullbacks, QCP still recommends locking in profits before a rate cut and preparing for a bullish scenario.