A positive development for the markets: The US and China have reached a 90-day agreement.

Of course, as long as Trump doesn't create another imbalance 😂 A significant development has occurred regarding the US-China tension, which has loomed over the markets like a dark cloud for a long time. The two countries have reached a temporary 90-day agreement on customs tariffs.

What does this mean?

One of the biggest global risks has, for now, been shelved. Uncertainty has decreased, and the markets have taken a bit of a breather. Of course, this does not mean everything is resolved. But at least it seems that the parties will continue to stay at the negotiation table. This is a glimmer of hope for the markets.

Looking at the $ETH side, it is currently making a pullback towards the trend line it broke, and this area also represents the 2,500-2,600 resistance. If it jumps above the trend in this area, the target will be the 2,900-3,000 range.

I wish everyone plentiful profits ✨

@GiveRep