📅 June 4th Market Snapshot From QCP:
QCP Just Dropped Today’s Report — And It’s a Big One! 💥 A Surprising Jump in Job Numbers Has Lit Up Risk Sentiment Across Markets. All Eyes Now Turn to This Friday’s Non-Farm Payrolls — A Key Test for the Fed's Stance on Labor Market Strength.
📈 The S&P 500 Is Inching Toward the Symbolic 6,000 Mark. A Solid Jobs Print Could Reinforce the Fed's “Hold Steady” Narrative on Interest Rates.
On the Crypto Side:
$BTC Remains in Range, Hovering Around $105,000, With Front-End Volatility Cooling Down
1-Month Implied Vol Has Dropped Below 40 — Signaling Calmer Waters Ahead (for Now)
Open Interest Is Light, and Skewness Is Flat — Suggesting a Market Still Searching for Direction
One Standout? A September $130K Call Was Picked Up at 47 Vol — A Hint of Q3 Bullish Optimism 🚀
Looking Forward, Q3 Might Not Be So Smooth. 🌐 Tariff Tensions, Fiscal Debates (Like the Build Back Better Act), and Debt Ceiling Risks Could Trigger Fresh Volatility.
Without a Clear Breakout Catalyst, $BTC May Stay Trapped in Its Current Range a Little Longer.
Stay Sharp and Keep Watching the Macro! 👀