QCP Capital: Geopolitical risks before the US election are the biggest hidden danger at present. Investors can lock in profits and prepare for the year-end rise

QCP Capital posted on its official channel that there was a conflict between Iran and Israel this week, and the market expects Israel's retaliation to be more severe, and their targets are key infrastructure such as Iranian nuclear facilities or oil facilities. In addition, the non-farm data reflects a strong labor market, and the possibility of further interest rate cuts later this year has boosted risk assets and allowed BTC to recover $62,000. Although QCP Capital still believes that macro data still supports the view of "bullish October" (Uptober). However, before the US election, geopolitical risks are the biggest hidden danger. QCP Capital prefers to lock in yields at current levels, take profits, and prepare for the end-of-year rise.