QCP：BTC 暂现企稳迹象，年底期权押注仍看涨

Core Insights - QCP analysis indicates that after a roughly 30% pullback, BTC shows initial signs of rebound, with the Federal Reserve's dovish comments raising the expectation of a rate cut in December to 75% [1] - Market liquidity may be shifting, as derivative data shows that investors have not abandoned bullish bets, with open interest in call options at year-end remaining higher than that of put options, concentrated in the $85K to $200K range [1] - Negative funding rates suggest that long leverage has been cleared, reducing short-term downside risks [1] - Future price movements may depend on upcoming U.S. retail data, core PCE, and ETF fund flows [1]