A recent negotiation that went unnoticed by the outside world suddenly ignited enthusiasm in the global market.

China and the US held closed-door talks in Geneva regarding tariffs, which were unexpectedly smooth; both sides stated that they reached a consensus and will issue a joint statement tonight.

Once this news broke, global capital markets surged in response: US stocks, Hong Kong stocks, Chinese concept stocks, the yuan, oil... almost all assets are rising.

But the key is— the crypto market will also be completely ignited.

An undervalued meeting released super bullish signals

This is the first high-level in-depth consultation between China and the US since the Trump era. In the current context of global economic turmoil, its significance far exceeds that of a mere negotiation.

The core of the bilateral game is exposed:

China's five bottom lines:

1) Firmly demand the cancellation of all new tariffs, and do not accept using political issues as negotiating chips;

2) The export of key resources such as rare earths and minerals must be decided autonomously by China;

3) National technological autonomy and industrial subsidies cannot be shaken;

4) Adhere to WTO rules, refuse the US to create a 'small circle' unilateral mechanism;

5) The exchange rate of the yuan and the pace of financial opening are determined by China.

The US is focusing on 'forcing concessions through pressure':

1) Proposing to reduce the punitive tariff from 145% to 80% or even 34%;

2) Requesting China to cooperate on trade balance and the fentanyl issue;

3) Insist on not canceling tariffs before negotiations, and continue to maintain a pressure stance;

4) Emphasize the principle of 'reciprocal tariffs' and strive to reduce the US's trade deficit.

The talks lasted three days and nights, from tension to gradual easing. On May 12, the officials finally announced—

"Substantial progress will establish a long-term trade dialogue mechanism led by senior officials from China and the US."

Although the details have not all been disclosed, the market has already voted with its feet:

Global markets are all in the green, is the crypto market ready to take off?

US stocks: All three major index futures rise

Nasdaq futures rise 1.5%

S&P 500 rises 1.4%

Dow futures rise 1.2%

Hong Kong stocks: Tech stocks ignite the market

The Hang Seng Index surged 1.74% to 22,500 points last Friday

The Hang Seng Tech Index soared 3.08%

Triple long China ETF (YINN) surged 10% at one point

A-shares: Tech stocks lead the rally, AI sector is the strongest

Semiconductors, AI computing power and other sectors perform exceptionally well

Offshore yuan surges 600 basis points to 7.211, reflecting accelerated capital inflow

Gold falls, oil rises

Risk aversion sentiment recedes, gold pulls back 1.2%

Economic expectations heat up, oil rises

Will the crypto market be absent from this wave of celebration?

The answer is very clear: No, and it will be at the forefront.

Why?

1; China-US easing = Return of risk appetite

The crypto market has always been the one that benefits most from 'emotional fluctuations'. The warming of China-US relations directly strikes at the expectation of 'global division', and funds naturally tend to flow into volatile, high-return assets.

The risk-reward ratio of the crypto market is exactly the type that funds love most.

2; Yuan appreciation = signal of Asian liquidity release

The explosive rise of the offshore yuan means that international capital is anticipating a strengthening of yuan assets. If subsequent policies are marginally loosened and more channels for going abroad are opened—

USDT premium rises + BTC trading is active = The bull market warm-up has begun.

3; Tech themes explode, Web3 and AI naturally benefit

A-shares and Hong Kong stocks' tech sector surged, indicating that the market has begun to reassess the 'new tech logic'.

The Web3, AI + blockchain, L2 and other crypto sectors inherently possess high narrative tension; once the topic heats up, funds will naturally flow in.

Most importantly: The Fed's expectation of a rate cut in June is strengthening!

Another significant impact of the China-US agreement is: Global inflation relief expectations are heating up, and the Fed's rate hike cycle may end.

1) The latest non-farm payroll and CPI data are both weak;

2) Powell's tone starts to soften;

3) The market has started to significantly raise the probability of a rate cut in June.

And once the Fed cuts rates in June, BTC is likely to soar before the news lands.

What should the crypto market focus on next?

BTC: Aiming for a new high, the key is to stabilize above $100,000

1) The current volatility and consolidation is for accumulation. As long as it breaks through the previous high, there is a high probability it will directly impact $120,000 to $150,000.

Thematic sectors are rotating comprehensively:

  • AI sector: WLD, FET, RNDR, etc.;

  • Inscription ecosystem: ORDI, SATS, RATS, etc.;

  • Meme leaders: PEPE, WIF, FLOKI, etc.;

  • Layer 2 direction: MNT, TNSR, OP, ARB;

A revaluation of platform tokens may be coming:

  • Leading platform tokens like BNB, OKB, TON are likely to become 'safe and resilient' choices.

In conclusion: This may be the starting point of the next bull market

The China-US talks were surprisingly smooth, global market risk appetite is rising, and Fed expectations are shifting... All elements are simultaneously constituting a 'resonance-style positive impact' on the crypto market.

In every previous bull market, the market always hesitated:

  • In 2017, everyone said BTC was just a bubble;

  • In 2020, they said DeFi was just a niche experiment;

  • In 2025, will we still be waiting and watching?

The market will not wait for anyone; bull markets never start when you're ready.

Brothers, if this door opens in June—

Then we may already be at the door of a bull market.