QCP has released a market observation indicating that as geopolitical benefits fade, macroeconomic uncertainty is once again dominating market sentiment. According to Odaily, both traditional and crypto markets are adopting a cautious stance. The report highlights that the Federal Reserve's meeting and statements from U.S. President Donald Trump could be key short-term variables. If hawkish signals are released, it may exert pressure on liquidity-driven assets.

QCP also noted that after Bitcoin's rise in April, it has maintained a range-bound movement. Current positions are light, and volatility is compressed, reflecting the market's overall state of waiting for a directional choice.