BlockBeats News, January 28th, QCP published its daily market analysis, stating, "Bitcoin rebounded above the key level of $88,000. A recent drop below this level often quickly triggers an acceleration to the downside driven by liquidation; however, a swift recovery tends to pull the price back into the consolidation range. Next, the market will face a series of intense U.S. macro events: the FOMC rate decision on January 28th; the government funding deadline on January 30th, keeping the shutdown risk alive; the Senate rescheduled discussion on crypto market structure legislation. The options market clearly reflects this asymmetry. Overall volatility remains controlled, the term structure maintains a positive spread, so the base case is still consolidation rather than a crash.Regarding fiscal risks, the key issue is whether Washington can smoothly resolve the funding dilemma on January 30th. If a temporary solution is promptly passed, the short-term risk premium is expected to shrink, and crypto assets will trade more like pure Beta; if a brief misstep occurs, the market may fluctuate initially but recover post-agreement; if the deadlock persists, liquidity may tighten, forcing the market into broader risk-off moves.A closer key point is the Fed. The base expectation is for unchanged rates, with the market focusing on when the rate cut cycle may resume. Inflation remains above 2%, while employment is beginning to weaken, leading the committee to maintain caution and data reliance. Against the backdrop of concerns about the Fed's independence, it is expected to emphasize independence and reiterate the 'waiting for more data' narrative; if a hawkish hold materializes, it could trigger a dollar rebound and short-term volatility in risk assets."

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