QCP: A short-term bottom may be forming, and the market expects to maintain range-bound fluctuations.

BTC0,26%
ETH0,19%

BlockBeats News, February 11 — QCP Capital released a market analysis on their official channel, stating that Bitcoin and Ethereum rebounded from last week’s lows, sparking market optimism, and a short-term bottom may be forming. QCP still expects BTC to remain in a range-bound oscillation as the market awaits new catalysts. Capital inflows are currently the main driving force.

Yesterday, spot BTC ETF saw a net inflow of $145 million, continuing Friday’s inflow of $371 million and ending previous consecutive outflows, indicating that institutional demand is re-emerging. Spot ETH ETF also shifted from three days of outflows to a net inflow of $57 million, while Tom Lee’s BitMine continues to accumulate, providing strong support for Ethereum.

On the macro level, conditions are showing marginal easing. Tensions between the US and Iran appeared to ease after negotiations last Friday, and weak employment data suggest the Fed may cut interest rates in March. The focus now shifts to non-farm payrolls and CPI reports, both of which could quickly reshape Fed expectations and risk appetite. The selling pressure from US-led spot sales has eased, but market sentiment remains fragile, with the fear and greed index still at extreme fear levels. The BTC/ETH ratio remains stable between 33 and 34, indicating limited rotation; although implied volatility has retreated from high levels, it remains elevated. In the upcoming week filled with macroeconomic data, actual volatility is expected to stay firm.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Morgan Stanley Adds Stablecoin Fund After Bitcoin ETF Launch

Morgan Stanley Investment Management launched a stablecoin reserve fund to meet rising institutional demand for compliant digital asset infrastructure. The move deepens its push into tokenization and crypto-linked products as market participation expands. Key Takeaways: Morgan Stanley

Coinpedia3m ago

Metaplanet Raises $50M via Zero-Interest Bonds to Expand its 40,177 BTC Treasury

Tokyo-listed Metaplanet Inc. issued its 20th series of zero-interest bonds on April 24, 2026, raising ¥8 billion (approximately $50 million) earmarked entirely for bitcoin purchases. Key Takeaways: Metaplanet issued its 20th zero-coupon bond series on April 24, 2026, raising $50M to buy bitcoin.

Coinpedia3h ago

Bitcoin Liquidation Alert: $715M Short Squeeze at $80,974, $715M Long Liquidation at $74,180

Gate News message, April 25 — According to Coinglass data, if Bitcoin surpasses $80,974, cumulative short liquidations across major centralized exchanges would reach $715 million. Conversely, if BTC drops below $74,180, cumulative long liquidations across major CEXs would hit $715 million.

GateNews5h ago

GSR Debuts BESO ETF With Bitcoin, Ethereum, Solana

GSR debuts BESO ETF with active strategy, adjusting Bitcoin, Ether, and Solana allocations weekly to outperform benchmarks. ETF records nearly $5M in first-day volume, signaling early investor interest in diversified crypto investment products. Launch aligns with growing ETF momentum as

CryptoFrontNews10h ago

Iranian situation latest update: Control over the Strait of Hormuz is upgraded, and Bitcoin is consolidating around $77,000

On April 25, Iran once again escalated its Strait of Hormuz control measures. Bitcoin hovered around $77,500, gold was $4,709, and Brent crude was above $106. With fresh geopolitical turmoil, how will the three major assets move in tandem?

GateInstantTrends10h ago
Comment
0/400
No comments