QCP Capital Says Fear is Gone in Bitcoin: Warns of Ethereum Risk!

While QCP Capital stated that the cryptocurrency market was making a positive return, it did not hide its concerns about Ethereum (ETH).

The report shared by the cryptocurrency trading firm QCP Capital on March 18 included the current status of the cryptocurrency market.

The downward wave that started last Friday and spread throughout the weekend was reflected by investors. is strongly purchased Analysts stated, the dark clouds disperseHe implied. Especially for Bitcoin buying pressureIt was noted that the market showed its desire to move upwards.

With this option data on the markets positive especially by pointing out that he is watching 100-150 thousand dollars It was emphasized that there was an increase in option purchases targeting the level. The maturity date of these options September And December It was recorded as months.

Despite all this positive picture of Ethereum about the situationworryingThe QCP Capital front, which does not hesitate to say that futures transaction data negative indicators He noted that he offered On the other hand, on the options front, there has been a decline for Ethereum since the $ 4,000 band. to bearish expectations It was stated that he entered.

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