QCP Capital: If next week's non-agricultural data is weaker than expected, the reason for interest rate cuts will be more sufficient, and the market will maintain range volatility

QCP Capital posted on the official channel that if the non-farm payrolls data next week is weaker than expected, it will confirm the reason for the US interest rate cut since September. The current rate cut probability is 33.0% (25 basis points) and 67% (50 basis points). Given that the recent macro news has little impact on the cryptocurrency market, QCP Capital believes that BTC may maintain range volatility between $58,000 and $65,000 in the short term, as the market is waiting for a positive catalyst to break through this range.