The news of the upcoming tariff negotiations between China and the U.S. has stimulated the crypto market this morning, with Bitcoin briefly surging to around 97,700, and ETH (commonly known as '二饼') also rising to 1,843 USD, close to the strong resistance area of 1,850.

Technical signals: Weakness after the surge, bearish undercurrents.

From the MACD indicator, the dual lines are still operating below the zero axis, with the fast line encountering resistance upon reaching the zero axis, indicating that bearish forces are dominant. Currently, ETH has not experienced an effective pullback, and the market is in a state of 'overvaluation'.

Fundamentals: Bearish pressure, doubts about the rise.

Tonight's Federal Reserve meeting is not expected to release any signals for interest rate cuts, lacking substantial positive support, and unless there is unexpected news, the market trend is likely to open high and close low.