QCP: A short-term bottom may be forming, and the market expects to maintain range-bound fluctuations.

BTC-4,54%
ETH-6,21%

BlockBeats News, February 11 — QCP Capital released a market analysis on their official channel, stating that Bitcoin and Ethereum rebounded from last week’s lows, sparking market optimism, and a short-term bottom may be forming. QCP still expects BTC to remain in a range-bound oscillation as the market awaits new catalysts. Capital inflows are currently the main driving force.

Yesterday, spot BTC ETF saw a net inflow of $145 million, continuing Friday’s inflow of $371 million and ending previous consecutive outflows, indicating that institutional demand is re-emerging. Spot ETH ETF also shifted from three days of outflows to a net inflow of $57 million, while Tom Lee’s BitMine continues to accumulate, providing strong support for Ethereum.

On the macro level, conditions are showing marginal easing. Tensions between the US and Iran appeared to ease after negotiations last Friday, and weak employment data suggest the Fed may cut interest rates in March. The focus now shifts to non-farm payrolls and CPI reports, both of which could quickly reshape Fed expectations and risk appetite. The selling pressure from US-led spot sales has eased, but market sentiment remains fragile, with the fear and greed index still at extreme fear levels. The BTC/ETH ratio remains stable between 33 and 34, indicating limited rotation; although implied volatility has retreated from high levels, it remains elevated. In the upcoming week filled with macroeconomic data, actual volatility is expected to stay firm.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Brandt Spotlights 'Ugly' Bitcoin Pattern - U.Today

Peter Brandt advises Bitcoin traders to remain flexible amidst conflicting technical setups: a potential bullish "horn" pattern and a bearish "flag" pattern. He criticizes the dogmatic mindset of some in the crypto community, emphasizing adaptable trading strategies over fixed opinions.

UToday4m ago

Court Reaffirms Bitcoin’s Status as Property but Limits Tort Claims in $172M Case

A United Kingdom High Court’s recent ruling has clarified the legal status of bitcoin, stating that while it is considered property, it cannot be subjected to traditional legal claims applicable to physical goods. The $172 Million Bitcoin Dispute In a landmark ruling, the High Court of Justice cl

Coinpedia1h ago

BTC Falls 0.72% in 15 Minutes: On-chain Large Inflows to Exchanges Amplify Decline as Long Positions Liquidate

**March 18, 2026, 18:45-19:00 (UTC)**: BTC recorded a -0.72% return rate within 15 minutes, with price fluctuating between 70,946.6 and 71,615.2 USDT, reaching an amplitude of 0.93%. Market attention increased during this period with active trading volume. Short-term selling pressure dominated the market, causing significant short-term volatility. The primary driver of this price movement was the concentration of large on-chain BTC inflows into mainstream exchanges. Two large transfers totaling 2,150 BTC were detected flowing into exchanges during the 18:45-19:00 period, and

GateNews1h ago
Comment
0/400
No comments