#贸易战缓和 Originally thought that the US-China negotiations would at least go back and forth three rounds, but unexpectedly, an important consensus was reached in just one meeting yesterday. This happiness came too suddenly!

If this situation continues, by the time detailed rules are released, barring any accidents, BTC will see another surge, and this time it should easily rise above 110,000.

However, how positive can such favorable news really be? First of all, the trade deficit of the beautiful country has reached a new high in recent quarters, and it is impossible not to raise tariffs to avoid being the losing side. The two major countries will not easily make concessions in trade, so the only substantial progress I can think of will have two scenarios: the first is to maintain the previous tax rate (which is less likely), and the second is to lower the 145% tariff, which may ultimately remain between 10%-30%. Furthermore, the tax rate on exports from the beautiful country to the major country will also symbolically increase by about 10%-30%, only in this way can business continue.

However, if this kind of 'substantial favorable news' is really considered good news? Therefore, my trading strategy for such positive news is to choose to wait and see for now, and prepare for a strong move later.