QCP Capital: Trade uncertainty persists, with the options market balanced between bearish and bullish
ChainCatcher news, QCP Capital posted on the official TG channel stating that the crypto market is still experiencing rollercoaster-like volatility. With news that the U.S. will delay tariffs on Mexico and Canada by a month, suggesting possible trade mediation, BTC briefly rebounded to $100,000. However, as China retaliated with new tariffs, the BTC price fell back to $98,000, and this relief was short-lived.Additionally, China has launched an antitrust investigation against Google, indicating that China is prepared to escalate tensions by targeting major U.S. tech companies. Any resulting sanctions or restrictions could pressure earnings and pose significant risks to risk assets.As BTC climbed to $100,000 last night, the market also reacted to Trump's directive for officials to create an executive order for a U.S. sovereign wealth fund. While some see this as a potential new source of demand for Bitcoin, the details remain unclear—especially regarding how it will be funded. Currently, trade uncertainty continues to loom over the outlook, and as of March, the options market is maintaining a balance between put options and call options.