😱 The market drop has pushed the Fear and Greed Index back to 42 — fear

Positions worth more than $523 million have been liquidated, but #QCPCapital believes that the main trigger for the market decline — the situation in the Middle East — is temporary, and market participants are still willing to invest in high-risk assets.

🇨🇳 The key argument for their position is that the measures announced by China to stimulate its economy will fuel bullish sentiment. Moreover, the cycle of interest rate cuts by the US Federal Reserve will continue to support demand for cryptocurrencies until 2025.

#Opinion #CryptoNews

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