$BTC

I originally thought that the China-U.S. negotiations would at least go through three rounds back and forth, but I didn't expect that an important consensus was reached in just one meeting yesterday. This happiness came too suddenly!

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

But then again, how good can this kind of positive 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, allowing itself to be the side that keeps losing money. The two major countries will not easily make concessions in trade, so the significant substantive progress I can think of will only have two outcomes: the first is to maintain the previous tax rates (which is less likely), and the second is to lower the tariffs to 14.5%, possibly ultimately maintaining them between 10% and 30%. Additionally, the tax rate on exports from the beautiful country to the major country will also symbolically increase by around 10% to 30%. Only in this way can business continue.

However, if this kind of 'substantive positive news' is really considered good news? Therefore, my trading strategy for this kind of positive news is to choose to observe for now and wait for the later buildup of momentum $BTC