---

🚀 Market Overview

Bitcoin has jumped to $120,000 after U.S. President $TRUMP delayed new China tariffs by 90 days, now set for November 10. This comes after the market recovered from a $400B selloff caused by tariff worries. Ethereum is holding strong near $4,000, boosted by a record $4.1B in ETF inflows. Trading volumes across crypto exchanges rose 22% in just 24 hours after the news.

---

📌 Key Drivers

Traders expect more sudden policy changes due to the tariff delay.

Current tariffs: U.S. 30% on Chinese imports, China 10% on U.S. exports.

New laws like the GENIUS Act and Digital Asset Market Clarity Act are shaping crypto rules.

$TRUMP ’s strategic crypto reserve plan could be bullish for the long term.

---

📊 Trading Implications

Bitcoin has strong resistance at $125K; support at $115K and $110K.

Ethereum’s strength comes from Layer-2 tech growth.

Altcoins tied to blockchain scalability could offer big opportunities.

Sentiment is cautiously optimistic — but range-bound trading is possible.

---

📜 Regulatory Outlook

Policy delays give short-term relief for risky assets like crypto.

Long-term growth depends on institutional adoption and ETF approvals.

Traders should watch Bitcoin’s support levels and track Layer-2 projects for potential gains.