QCP|Feb 04, 2026 11:47
QCP Market Colour - 04 Feb 26
1/ BTC stayed volatile, dipping to ~72.9k (its lowest since the post-election surge) before rebounding as the U.S. House passed a funding package, reducing near-term shutdown risk. Positioning de-risked into the move, with open interest compressing and funding flipping negative as the selloff accelerated.(QCP)
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