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QCP Capital: Geopolitical risk ahead of US election is the biggest concern right now, investors can lock in profits to prepare for year-end rally

The network reported that QCP Capital said in a statement on the official channel that the conflict between Iran and Israel occurred this week, and the market expected Israeli retaliation to be more severe, and that they were targeting critical infrastructure such as Iran's nuclear facilities or oil facilities.。In addition, the non-farm payrolls data, reflecting a strong labor market coupled with the possibility of further interest rate cuts later this year, boosted risk assets, allowing BTC to recover $62,000.。Although QCP Capital still believes that the macro data still supports the "bullish October" (Uptober) view。But geopolitical risk is the biggest concern ahead of the U.S. election, with QCP Capital preferring to lock in yields at current levels and bag up for a year-end rally。

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