$BTC

After two days of negotiations, the China-U.S. trade talks reached a consensus. BTC surged to 1050, and with favorable conditions, we must be cautious as positive news may turn negative. Therefore, we should not chase high but wait for a pullback before participating.

From the market perspective, it remains a strong bullish trend. Last Friday, it pulled back to 1025, and over the weekend, it pulled back to 1030. The pullback points are gradually rising, so today we should focus on participating at short-term support levels of 1025 and 1030. If it breaks below 1020, it will continue to pull back in search of support. The upper range of 1065-1068 still shows pullback demand, and this position can be used to arrange short positions. $BTC