QCP: BTC is still oscillating near the low of the past few months, with high Volatility

BlockBeats news, on March 3rd, QCP released daily analysis stating, 'After a tumultuous week, we have finally returned to where we started last Monday. Over the weekend, Trump announced the establishment of the U.S. Crypto Strategic Reserve. Some believe that this move has already been digested by the market, while others see it as the only strong catalyst to push Cryptocurrency to new highs later this year. However, Trump chose to play this 'life-saving card' in the low Liquidity period on Sunday, pushing BTC back above $90,000. With the warming up of risk assets, are we back in the long positions rhythm? Not yet. Currently, BTC is still oscillating near the lows of the past few months, with high Volatility in the front-end encryption market, and both Mainstream Tokens (BTC & ETH) still showing a Put Skew. Meanwhile, the VIX index (fear index) remains high, reflecting overall unease in the broad risk asset market, especially after the recent escalation of trade tariff conflicts by the U.S. government. Just when we thought Trump had run out of chips, he may still have more surprises up his sleeve.'