Loader
logologo
Alpha Zone
Analysts
My Reading List
Log in
DeFiGaming & MetaverseInfrastructureMarketsNFTs
QCP London Colour
QCP Capital
main

Monday’s market turmoil may feel like a fever dream for many as assets have largely recovered from the massive sell off. TradFi finally had a taste of a regular day in crypto as the VIX traded above 65%.

While the initial shock may have passed, we foresee continued selling pressure in the coming days as systematic funds continue to pare exposure in light of the heightened volatility.

We recommend keeping a close eye on Nasdaq, Nikkei, and USDJPY as cross-asset correlations remain high in the near term.

We believe the Fed will refrain from an emergency cut in Sep, or an intermeeting cut in Oct, as that will exacerbate panic in the market.

Trade Idea

With the acute phase of market volatility over, we favor establishing longer term bullish positions in anticipation of a cutting cycle. We prefer trades with a 3-6mth time horizon to prevent getting chopped given higher volatilities.

BTC Win Range

  • Get paid 5x if BTC fixes within the range.
  • Payout: 5x
  • Maturity: 27DEC24
  • Range: 75k to 90k
You might also like
Article cover
QCP Weekend Brief
Article cover
QCP Asia Colour
Article cover
QCP Asia Colour
Disclosure: The authors of this content and members of Nansen may be participating or invested in some of the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Nansen does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Nansen at any time without notice. Nansen accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.