News | De-escalation with China: a signal for markets and ETH?
US Treasury Secretary Scott Bessent spoke about the need to de-escalate relations with China, calling the current situation “unsustainable and fraught with systemic risks.”
He emphasized that the United States is open to negotiations, but will protect its interests, especially in technology and finance. This may signal a softening of tariff policy and the restoration of trust between countries.
Why is this important for Ethereum?
ETH is sensitive to global economic risks, especially against the backdrop of increased institutional activity.
A reduction in tensions between the US and China may:
• Strengthen ETH's position as a risk-on asset;
• Support demand for DeFi protocols and Web3 projects;
• Increase interest in long-term positions in ETH in anticipation of increased liquidity.
If the positive rhetoric continues, ETH may test new resistance levels in the coming days.
