QCP analysis points out that the market is in a fragile balance at the end of the year. With the Fed's 'hawkish rate cuts,' the market expects about 2-3 rate cuts in the coming year. In the crypto market, as MSCI evaluates the eligibility of digital asset treasury-type companies for index inclusion, it could trigger up to $2.8 billion in passive outflows, adding extra pressure to an already stressed crypto market. Although Japan's regulatory environment has shown marginal improvement, the overall stance remains cautious. The current market resilience might be masking the risks of significantly reduced tolerance margins as we approach 2026. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=53761