QCP Capital: Maintain a long-term structural bullish view and remain vigilant about major events this week

QCP Capital's latest report points out that the cryptocurrency market has stabilized after last week's volatility, but implied volatility remains high. The market remains vigilant about major events that will take place this week, especially the Trump-Harris debate and the release of CPI data. Affected by the sharp decline last week, the market remains cautious about downside risks, and risk reversals for Bitcoin and Ethereum still favor put options until October. Despite many uncertainties and price fluctuations in the short term, QCP remains structurally bullish.