QCP Capital: The situation in the United States and Iraq is intertwined with macro events, and markets are wary of continuing encryption fluctuations litres Wen

On 13 July, according to QCP Capital, 12 days after the signing of the memorandum of understanding between the United States and Iraq, the prospects for a second round of negotiations were stymied by renewed military clashes between the two sides over the weekend and mutual accusations of violations of the 60-day ceasefire agreement. Oil prices remained close to $70, but were to recover slower than expected, they would remain at risk of upwards. With regard to the encryption market, the implicit volatility of the BTC, ETH, increased demand for the $55,000-58,000 BTC, due in July, continued net outflows of spot ETFs, Strategy-related concerns and US shareholdings have slowed market sentiment. However, the market also saw a large buyout of $64,000 on the 17-day maturity of the BTC to raise options. This week, the market will focus on Federal Reserve Chairman Kevin Warsh’s address at the ECB Forum, as well as data on ISM manufacturing PMI and non-farm employment in the United States, which are expected to remain high in the context of low pre-leave mobility。