QCP: The crypto market downplays Iran risk escalation, but the sustainability of the latest rebound remains to be verified

ME News Report, April 6 (UTC+8), QCP Capital’s latest analysis indicates that U.S. President Trump has postponed his decision to take action against Iran until Tuesday, marking the fourth delay. The market is gradually becoming immune to the repeated pattern of “tough rhetoric + negotiation signals,” with risk escalation expectations cooling down, oil prices weakening, and stock index futures remaining stable. In the crypto market, Bitcoin and Ethereum rose past $69,000 and $2,140 respectively during Asian trading hours, triggering approximately $200 million in short liquidations in a liquidity-thin environment. Overall, despite ongoing geopolitical disturbances, prices are trending more towards stabilization rather than pressure. On the capital front, institutional funds continue to provide support, with Bitcoin ETFs recording about $1.32 billion in net inflows in March. The current market sentiment is generally “risk-on,” and investors are not fully prepared for a short-term escalation of the conflict. However, the sustainability of this rebound remains to be seen as U.S. stocks reopen. (Source: ODAILY)