#ShareYourThoughtOnBTC $BTC {spot}(BTCUSDT) $ETH {spot}(ET
The locators
Updated at: 4 hours ago
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{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
$BNB
{spot}(BNBUSDT)
💰BTC 🐾
🌏 Breaking Macro Update:
President Donald Trump met with the President of China in South Korea for a two-hour conversation that resulted in a one-year trade deal focused on rare earths and critical minerals. 🤝✨
🔹 Tariffs Reduced:
Overall U.S. tariffs on Chinese imports cut from 57% → 47%
Fentanyl-related tariffs slashed to 10%
China to buy U.S. soybeans and limit fentanyl production
💬 Trump called the meeting “amazing”, saying this deal is a “win-win for both nations” and will be reviewed annually.
📈 Market & Crypto Impact
This positive development has re-ignited global investor confidence, easing trade tensions and boosting risk-on appetite across equities and crypto.
💹 Bitcoin (BTC) surged back above $113,000, showing renewed momentum as macro sentiment improves.
Analysts say the trade truce and tariff rollback could enhance liquidity, stabilize global supply chains, and support further upside in crypto markets.
🔍 BTC Technical Outlook
Short-term trend: Bullish momentum building
Resistance: $115K – $117K
Support: $100K – $103K
Market sentiment: Risk-on bias as traders anticipate liquidity expansion following policy easing
🔥 Summary:
Trump’s tariff cuts mark a turning point for global risk assets. With trade pressure easing and macro confidence returning, Bitcoin may be entering its next bullish phase#FOMCMeeting #MarketPullback #FranceBTCReserveBill #thelocators .","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/30/e1e014f66471ff7dab2ca42fbf23ce29.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}