On May 8, PANews reported that QCP Capital, a Singapore-based cryptocurrency investment institution, said that, as expected, yesterday's FOMC meeting of the Federal Reserve kept interest rates unchanged as expected, confirming the resilience of the U.S. economy, a tight labor market, and inflation slightly above the 2% target. Despite trade tensions caused by Trump's tariff plan, Fed Chair Jerome Powell remained cautious, saying it was expensive to remain patient, did not specify the number of rate cuts this year and postponed the forecast until the June meeting. However, the market has already priced in a 25 basis point rate cut in July, September and December. Trump's hint of a major trade deal early this morning sparked a wave of risk appetite and speculation that the UK could become a potential trading partner. Despite the lack of details in the statement, this prospect alone is enough to cause price volatility across various asset classes. Encryption assets quickly responded positively. Bitcoin rose by 2.74%, confidently recovering the psychological level of $99,000. At the same time, Ethereum jumped by 6.89% during the Asian trading session, breaking through the consolidation range of $1700-1900, which had been maintained for three weeks. In the field of options trading, there has been a significant increase in demand for call options, especially with expiry in May and June. This capital flow indicates that optimism is increasing as traders lock in further positions in the face of an improving macroeconomic situation. With the US market opening tonight, all eyes will be on whether this growth can continue, or whether we will see a typical "buy on rumor, sell on the news" correction after official confirmation from trading partners. For the time being, the QCP maintains tactical caution. As long as Bitcoin's closing price on the daily chart fails to hold above $100,000, it is believed that the gains from buying at the current level are limited.

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