Weekend Summary

1. Improving macro sentiment

Slowing U.S. inflation boosted market confidence, sending equities back towards all-time-highs. Continued rate cuts by major central banks like RBNZ reinforce the wave of global monetary easing.

2. Fears of a selling regime by the U.S. Government

The U.S. government transferred 10,000 BTC (around $591 million) linked to the Silk Road to a Coinbase wallet. Although there is no confirmation of selling, the market is still wary of the remaining 203.239K BTC and other crypto assets that remain in the wallet.

3. Trump crypto catalyst?

The market was disappointed by the stark absence of a crypto discussion in the 2-hour long interview of Donald Trump by Elon Musk.

Our view:

We remain constructive and bullish into year-end. One particularly encouraging factor is the market’s resilience to various ‘supply-shock’ headlines this week for both BTC and ETH. The market even rallied on the back of Jump’s un-staking and selling of ETH this round.

Introducing QCP’s Volatility Momentum Indicator (VMI)

Navigate market uncertainty and capture upside potential with our Volatility Momentum Indicator (VMI). Designed to help investors transform market fluctuations into profitable opportunities.

What is the VMI?

The VMI is an in-house signal used to predict heightened volatility regimes where sustained positive volatility shocks are expected over a period of time. These shocks are typically correlated with fast trending moves in the underlying spot asset.

Applying the VMI signal on our principal-protected UPS strategy this year has yielded an exceptional return of 33% p.a. with zero downside.

Stay tuned for our upcoming Q4 Quarterly, where we will delve deeper into the VMI, showcasing its effectiveness through sample portfolio returns and analysis. 

Onboarded QCP clients can inquire about the VMI or sign up for alerts through their dedicated trading channel.