⚠️📉 QCP: risk of BTC dropping to $107K and ETH to $3300🚨
The crypto market is under pressure — analysts at QCP Capital warn:
$BTC may return to $107,000
$ETH — to $3,300
🔎 Factors of pressure:
American stocks have fallen, Chinese markets are more stable.
The MVRV Z-Score indicator (according to Axel Adler Jr) has moved into the baseline zone (−0.3) → the market is closer to 'fair' value, without overheating.
💡 But there is also positivity:
Net inflow into spot BTC-ETFs in one day: $241 million → institutions are buying the dip.
Calls dominate options with a target of $118K.
The IV quarter is historically favorable; investors are expecting two rate cuts from the Fed (October and December).
👉 The market is in a 'wait-and-see' mode: if macro statistics don't disappoint, bulls have a chance for recovery.