Singapore based cryptocurrency investment firm QCP Capital issued a statement stating that as expected, the Federal Reserve's FOMC meeting last night kept interest rates unchanged, reaffirming the US economic resilience, tight labor market, and slightly above 2% inflation target. Despite the trade tensions caused by Trump's tariff plan, Federal Reserve Chairman Powell remains cautious, stating that the cost of patience is low, and has not specified the number of interest rate cuts this year, with guidance postponed until the June meeting. But the market has already set the price in advance, expecting a 25 basis point interest rate cut in July, September, and December. Trump hinted early this morning that a major trade agreement would be reached, triggering a wave of risk appetite sentiment, and the market speculated that the UK may be a potential trading partner. Although the statement lacks details, this prospect alone is enough to trigger fluctuations in various asset prices.
Cryptocurrency assets quickly responded positively. Bitcoin rose 2.74% and decisively regained the psychological barrier of $99000. At the same time, Ethereum surged 6.89% during the Asian trading session, breaking through its three week consolidation range between $1700 and $1900. In terms of option trading, a significant increase in demand for call options has been observed, especially those expiring in May and June. This capital flow indicates that optimism is strengthening as traders further increase their positions in response to the continuously improving macro background. Looking ahead to tonight's opening of the US market, all eyes will be focused on whether this upward trend can continue or whether there will be a typical "buy when rumors are heard and sell when news is announced" pullback after trading partners officially confirm. At present, QCP still maintains tactical caution. Until the daily closing price of Bitcoin fails to stabilize above $100000, it is believed that the gains from chasing after the current level are limited.