Odaily Planet Daily News 🌟 QCP pointed out in its latest release that the liquidity in the Bitcoin (BTC) market has been relatively weak recently, with gaps appearing in the spot market. Although there have been signs of a rebound in the past few days, continuous selling pressure has weakened the upward momentum. As the end of the year approaches, the momentum of BTC has diminished, with net outflows from spot ETFs reaching as high as $1.8 billion since December 19, and the purchasing pace of MicroStrategy has also slowed down. 📉

The weakness in the cryptocurrency market reflects broader market sentiment, with the S&P 500 and Nasdaq indices recently experiencing multiple declines of over 1%. Looking ahead to Q1 2025, despite being optimistic about potential crypto-friendly policies that may emerge after Trump's inauguration, QCP believes that key catalysts may appear in January, and a reallocation of institutional assets could enhance Bitcoin's market dominance. 📈

As more institutions, including university endowment funds, join the ranks of Bitcoin, it is expected that the allocation to BTC will increase, stabilizing the spot market trend and bringing its volatility closer to that of the stock market. At the same time, demand for put options to hedge downside risks will strengthen, while selling of call options to capture upside will increase. 🔍#比特币