[Qcp: Bitcoin Stragegic Reserve Plan Makes Significant Price Increase Unlikely Before Confirmation] January 27Th, Qcp Released Its Daily Market Observation, Stating That One Week Into President Trump'S Inauguration, Bitcoin (Btc) Fell Back Below $100,000, Dragging Other Risk Assets Down As Well. Meanwhile, Related News About China'S "Deepseek" Has Been Fermenting Since The Weekend. This Large-Scale Language Model (Llm) Developed In China, With Its High Cost-Effectiveness And Groundbreaking Open-Source Technology, Poses A Potential Threat To The U.S.'S Leading Position In The Field Of Artificial Intelligence And Could Also Impact The U.S. Stock Market.As For Bitcoin, It Is Not Expected To See A Significant Price Increase Until The "Strategic Bitcoin Reserve" Plan Is Confirmed. The "National Digital Asset Reserve" Assessment Scheme Previously Proposed By The Trump Administration Has Not Been Sufficient To Support Bullish Market Sentiment, At Least In The Short Term. From The Perspective Of Risk Reversal Tendencies, Only Bullish Options (Calls) From March Onwards Have The Upper Hand, Indicating That The Market Does Not Expect Much Substantive Progress Before The End Of This Quarter. However, With The Threat Of China'S "Deepseek" To The U.S. Market, It Is Not Ruled Out That Trump May Try To Intervene And Play The Role Of A "Hero."This Friday'S Volatility And Vix Index Remain High, With The Market Maintaining A High Level Of Caution Ahead Of Thursday'S FOMC Meeting On January 30Th. Despite Today'S Market Fluctuations, Bitcoin Should Be Able To Maintain Relative Resilience, Continuing To Fluctuate Within A Familiar Range