Very Little Time Left Until the Critical Day: A Chinese Analyst Shared the Latest Situation on Bitcoin and Altcoins Before Donald Trump's Customs Duty Announcement!

As the Crypto market prepares for potential surges, QCP Capital has released a serious analysis ahead of U.S. President Donald Trump's planned customs tariff announcement tomorrow.

The company stated that Bitcoin (BTC), Ethereum (ETH) and the S&P 500 recorded their worst quarterly performance in the last three years, reflecting broader market uncertainty.

According to QCP Capital, since Friday, the cryptocurrency market has experienced a loss of over 160 billion dollars in market capitalization, signaling a challenging start to the second quarter. Sales intensified further due to a sharp quarter-end pullback caused by aggressive broker sales that pushed the continuous funding rates from flat to negative.

The macroeconomic data showing that core inflation in February was higher than expected has increased pressure by strengthening inflationary concerns, even though consumer spending remained weak. These factors contributed to a restless market environment where investors closely monitored upcoming catalysts.

One of the most important upcoming events is the tax announcement, which Trump has called "Day of Salvation," and a comprehensive series of reciprocal trade tariffs is expected to be introduced. Considering that consumer confidence has fallen to its lowest levels in the last 12 years and that stock markets have experienced a weekly decline of 4-5%, QCP Capital warns that aggressive trading measures could increase recession fears and further decrease risk assets.

However, the firm also noted that political events often leave room for readjustment and that a softer-than-expected customs tariff policy could provide a temporary relief to the markets.

Market volatility continues to be a significant concern, with the VIX index hovering at high levels of 22, indicating ongoing unease in the stock market. In contrast, crypto volatility has defied recent sell-offs, experiencing a downturn despite the sharp decline and the major liquidation event on Friday.

QCP Capital observed that the trading activities on its desk were on an upward trend when the Asian markets opened. It was noted that investors took positions in higher BTC price ranges of ( $85,000 - $90,000) and sold downside risk below $75,000, which likely indicates expectations of a recovery in the second quarter.

Historically, April has been a strong month for cryptocurrencies, but QCP Capital continues to be cautious. As macroeconomic uncertainties and regulatory risks persist, traders may experience volatile price movements in the market as they await clearer direction.