QCP: Anticipates Market Volatility to Persist, Bitcoin Strength May Serve as Early Signal of Market Sentiment Stabilization

On March 4, QCP released its daily market analysis, noting: "The Strait of Hormuz remains closed, tightening energy supplies and pushing prices higher. Brent crude is trading at $83 per barrel, while Dutch natural gas (TTF) has jumped 50% to $55. Additionally, refining facilities have been targeted in attacks, and maritime insurance providers have pulled out of the market—despite Washington’s proposed guarantees and a naval escort plan." A chain reaction has now hit the AI and tech sectors. South Korea—highly dependent on energy imports and home to several top semiconductor firms—is under pressure, with the Korea Composite Stock Price Index (KOSPI) down 20% from its recent high. We expect market volatility to persist. However, if supply disruptions continue, pressure to reopen the Strait of Hormuz may grow. Notably, Bitcoin has outperformed more mainstream risk assets, a development worth watching that could serve as an early sign of stabilizing market sentiment.