QCP: Fed's dovish remarks boost the market, with December rate cut expectations rising to 75%.

According to Deep Tide TechFlow news on November 24, QCP released a briefing stating that after Fed officials Williams and Miran made dovish comments on Friday, Bitcoin (BTC) showed initial signs of recovery. The market's expectation of a rate cut in December has significantly risen from 30-40% last Thursday to 75%. Although BTC has recently fallen over 30% and broken multiple key support levels, the technical outlook still appears weak, but the derivatives market shows traders are betting on both sides: hedging against further declines while keeping exposure for a potential year-end rebound. The maximum pain point price for options contracts at the end of the year is 104K, with open interest reaching an all-time high. In the perpetual futures market, leveraged long positions have been mostly cleared, and the funding rate has turned negative, which may alleviate further oversold risks. This week's Thanksgiving period will test whether BTC's rebound continues, and the market is also closely watching whether ETF fund flows will begin to reverse after record outflows over the past few weeks.