Fed's Stealth QE Drives Capital Into Risk Assets

The Federal Reserve's sustained Treasury purchases and the U.S. Treasury's bond buybacks have led to a liquidity inflow, which traders are calling 'stealth QE.'

This move has historically channeled capital into risk assets, and Bitcoin's price action is already reflecting that positioning before the full effect materializes.

As the price tests upper Bollinger resistance at $80,625.76 while the RSI sits neutral at 48.07, a healthy retracement toward the EMA50 support at $77,141.76 looks probable before further continuation.