#USChinaTradeTalks #USChinaTradeTalks

#BinanceAlphaAlert

#TrumpTariffs

🇺🇸 US-China trade talks have stalled: the altcoin market faces a strong correction

📉 Key update for Binance traders:

US Treasury Secretary Scott Bessent has confirmed that trade negotiations between the US and China have stalled, increasing global market uncertainty.

This has triggered significant volatility in the cryptocurrency market, with altcoins bearing the brunt of the correction.

🔻 Market impact:

Bitcoin (BTC): Down 7.3%, currently around $93,800

Ethereum (ETH): Down 20%, near $2,500

Meme coins and Solana tokens: Down between 13% and 38%

Liquidations: Over $2.2 billion in the last 24 hours

⚠️ Technical analysis:

BTC: Testing key support at $95,000; a break below could send prices towards $85,000

ETH RSI: Shows oversold levels; watch $2,359 as crucial support

📌 Considerations for Binance traders:

Use Stop-Loss orders to manage risks

Wait for potential bounces at key support levels

Expect continued volatility until trade talks resume or macroeconomic clarity improves

🔗 For more details, refer to Binance's market reports.

⚠️ This is not financial advice. Do your own research before trading.

BTCUSDT Perp: 105,237.1 (-2.93%)

$BTC