QCP: Foreign exchange turbulence becomes a macro warning 'canary', the market may face directional choices

According to BlockBeats news, on May 6th, QCP Capital released a daily report stating that the implied volatility of the cryptocurrency market is still suppressed, short-term volatility is skewed and returning to neutral, and spot prices have basically no clear direction. At the same time, the turbulence in the foreign exchange market echoes the nearly 3% rise in gold prices on Monday, as investors are betting on a weaker US dollar and starting to price geopolitical risk premiums, including potential US trade diplomacy activities. We may face a wave of volatility shock, and Bitcoin may decouple from the safe haven logic of gold and re link with a wider range of risk assets; In a market environment where correlations are gradually disintegrating, the foreign exchange market may once again become the "canary" of macroeconomic risks (metaphorically referring to early warning signals).