QCP： Global risk aversion has led to a decline in stock markets, gold, and Bitcoin prices. It is recommended to remain cautious

According to a report by Golden Finance, QCP analyzed that global risk aversion has led to a decline in stock markets, gold, and Bitcoin prices, and rumors of stagflation on Wall Street have become increasingly rampant. Although it is still too early to confirm the trajectory of stagflation, the market's response to recent developments indicates that market anxiety is intensifying. The long positions in the US dollar have begun to reverse, and the recent collapse has forced traders to reduce their exposure. BTC continues to align with the downward trend of risk assets, and the outflow of ETF funds confirms a lack of confidence. In a volatile market, as traders compete to reduce their exposure, cryptocurrency remains the first asset to be liquidated, and caution is advised as the market remains fragile.