Guys, to summarize all of the current market #CryptoCPIWatch condition, these are what's happening on recently :

1. We have an unanticipated US-China trade deals during the weekend. A lot of drama around it but after all, the outcome was great. At least, we have 90 days cooling off period which both parties have agreed to reduce the import tariff.

2. This is a good outcome for all of the investment instrument, especially the equity market and probably the crypto market. That's why current price action looks very very strong.

3. There is no sign of exhaustion for BTC at the recent rally. Funding rate is still low considering we are in 42% rally from the local bottom and spot demand remains high. All of the driven factor is coming from the spot market buying, not from the leverage position.

4. However, we have to be cautious as the treasury yield is still spiking up. Currently the US10yr is standing at 4.445% even after the trade deal announced. Please be remindful that Trump's objective is to decrease the interest rate. But at current condition, rate is still at the high level. My guess is the bond market will next become the Trump's priority. Otherwise, there is high risk of default in credit.