According to Wu's report, QCP Capital's latest report indicates that the Federal Reserve's meeting minutes from yesterday showed a stance that was not as dovish as expected, and the strong employment data from last Friday has led to an increase in the market's expectation for a 25 basis point rate cut in November from 67.9% last week to 83.7%. Tonight's CPI and tomorrow's PPI data will be key risk events for this week, along with the earnings reports from JPMorgan and Wells Fargo, which are crucial for assessing the state of the U.S. economy. Last night, U.S. stocks rose, with the S&P 500 reaching a new high, but selling pressure in the crypto market increased again due to news of Bitcoin sales from Silk Road and Ethereum sales from PlusToken. If the critical support level of $60,000 can be maintained, there is still hope for an "Uptober" rebound.

According to Wu, QCP Capital's latest report points out that the minutes from yesterday's Federal Reserve meeting indicate a stance that is not as dovish as expected, and the strong employment data from last Friday has led to an increase in the market's expectation of a 25 basis point rate cut in November from 67.9% last week to 83.7%. Tonight's CPI and tomorrow's PPI data will be key risk events for this week, along with the earnings reports from JPMorgan Chase and Wells Fargo, which are crucial for assessing the state of the U.S. economy. Last night, U.S. stocks rose, with the S&P 500 hitting a new high, but selling pressure in the crypto market has increased again due to news of Bitcoin sales from Silk Road and Ethereum sales from PlusToken. If the critical support level of $60,000 can be maintained, there is still hope for an "Uptober" rebound.

QCP Capital: The Federal Reserve's stance is less dovish than expected, yet remains optimistic about Bitcoin's rebound maintaining above key support levels.