QCP: The Federal Reserve is expected to maintain a "wait-and-see" attitude, with Bitcoin finding some support around 80,000.

BlockBeats news, on March 19, QCP released a daily market observation stating that "today marks exactly one month since the S&P 500 set a new historical high. The latest fall has led to stop losses among some of the largest macro hedge funds during this month's market big dump. Millennium reported that the losses from just two teams reached $900 million, while Brevan Howard's main fund has dropped 5% year-to-date, prompting traders to face stricter risk limits. The upcoming April 2 deadline, when Trump is expected to announce a new round of retaliatory tariffs, remains the biggest pressure on risk assets. Tonight's FOMC meeting is likely to maintain interest rates. However, we will closely monitor for any dovish turn, especially in terms of growth and inflation expectations. Since the effects of tariffs will take months to filter into the economy, we expect the Federal Reserve to maintain a "wait-and-see" attitude. The tariff decision on April 2, although previewed, remains a key uncertainty. With the closing of momentum and arbitrage trades, Bitcoin found some support around $80,000, but in the broader context of macroeconomic weakness, this support seems extremely fragile. However, in the short term, it is difficult for us to find significant favorable factors that could reverse this fall. Our focus remains on principal-protected income strategies to safeguard capital reserves and hedge risks during an extended downturn."