QCP： The long-term sentiment in the cryptocurrency market is becoming more positive, and it is advisable to adopt a 'wait' strategy of observing the tariff situation in the near future

According to BlockBeats, on April 14th, QCP released a daily market observation stating that after a week of tariff edge policies, risk assets have begun to stabilize, breaking free from barriers that could have caused significant damage to Sino US trade. The United States has imposed tariffs of up to 145% on imported goods from China, while China has retaliated with tariffs of 125%. Both sides have escalated to a point where further market pressure is no longer surprising. The enormous scale of these tariffs makes them more symbolic rather than market driven, in stark contrast to the panic sparked during the early days of Liberation Day. After Friday's closing, the Trump administration quietly exempted the latest tariffs on smartphones, computers, and chips. Despite the ongoing stalemate, risk assets are pricing optimistically, even though the United States seems to be not only negotiating with China, but also playing games with the bond market and itself. In the cryptocurrency market, the risk reversal of Bitcoin continued to favor put options until June, indicating that the market is still slightly cautious in the short term. However, long-term emotions are becoming more positive. On Saturday, we observed aggressive buying of 800 lots of BTC-27AR26-100k-C. Bitcoin continues to consolidate within the $80000 to $90000 range and may continue to trade sideways, adopting a 'wait' strategy of observing the tariff situation.