PANews reported on February 26 that QCP Capital issued a statement saying that global risk aversion has led to a drop in stock, gold and Bitcoin prices, and rumors of stagflation on Wall Street have intensified. Although it is too early to confirm the stagflation trajectory, the market's reaction to recent developments shows that market uneasiness is increasing. Long dollar positions have begun to reverse, and the recent crash has forced traders to cut their exposure. BTC continues to be in line with the downward trend of risky assets, and ETF fund outflows confirm the lack of confidence. In the turbulent market, as traders rush to reduce their exposure, cryptocurrencies remain the first assets to be liquidated. It is recommended to remain cautious and the market remains fragile. In addition, personal consumption expenditures on Friday (expected to be 2.5% year-on-year) remained above the Fed's 2% target. Unless there are clearer signs that inflation is moving towards 2%, the Fed is likely to maintain the current interest rate level. The market currently expects two rate cuts in 2025, the first of which will be in June or July.