Bitcoin has recently risen again due to favorable news from the China-U.S. trade, and is expected to challenge its historical high. Analysts point out that the current increase is mainly driven by the easing of tariffs and positive signals released by U.S. policies, warming investor sentiment, and institutional entry further strengthening its positioning as 'digital gold.' However, the technical indicators show that Bitcoin's Relative Strength Index (RSI) has entered the overbought zone, so short-term risks must be monitored. At the same time, Goldman Sachs warns that if the Federal Reserve does not cut interest rates as expected, U.S. Treasury yields may rebound in the short term, potentially affecting overall market liquidity. Multiple signs indicate that China-U.S. economic and trade relations are moving towards further reconciliation, with the possibility of tariff reductions exceeding 100%, opening up upside potential for risk assets.
