Market View - Overall, a decent set-up!

We got news yesterday about progress in the China–US talks. If this continues, it could provide a strong macro tailwind for risk assets—but for now, there’s not enough detail to build a high-conviction view.

Futures reacted well, up nearly 1%. That’s encouraging and could lead to more spot bidding once markets open.

Bitcoin open interest has ticked higher—not ideal, but still far from danger zones. Given the time of day/week, it makes sense that futures are currently driving price action.

Overall, the setup looks constructive. There’s a decent chance we see more green throughout the week.

Summary

Reasons to stay constructively bullish:

- China–US narrative improving → macro tailwind.

- Futures +1% pre-market → potential for spot follow-through.

- Bitcoin OI rising but still healthy → some positioning, not euphoria.

- Funding neutral → no signs of overcrowded longs.

Key Macro Events to Watch:

Tuesday: US CPI

Thursday: US PPI & Retail Sales