Key Takeaways for Crypto Traders 🇺🇸🇨🇳
1. Trade Talk Highlights
• High-level US-China negotiations took place in London on June 9–10, led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Trade Rep Greer, and China’s Vice Premier He Lifeng.
• Agenda included easing export controls on semiconductors and rare earth minerals. China has already approved some rare-earth export licenses; the US signaled willingness to ease certain chip restrictions.
• US optimism: Kevin Hassett expects a “short meeting” with a “big handshake” and actual results Still, disputes remain over advanced semiconductors, rare earths, and student visas
2.Crypto Market Response
• Bitcoin rallied from around $105.6K to ~$107.8K amid trade-talk optimism.
• Correlated with chip and tech stock gains—Nvidia, AMD, Intel saw ~2–4% jumps as markets priced in easing restrictions.
• On‑chain data shows whale accumulation: BTC and ETH whales increased positions, trading volumes on Binance 13–15%
3. Trading Strategy & Key Levels
• BTC support: $105K; resistance at $110K–115K
• ETH support: $2.6K; resistance at $2.8–2.9K
• SOL testing resistance in mid-$150s; a breakout could drive another 5–10% rally  
Scenarios:
• Bullish: If tech-export easing + rare earth supplies materialize → expect BTC → $110–115K
• Neutral/bearish: Talks stall or macro data disappoints → BTC may dip to $100K–$102K
Tips:
• Long near support zones, use tight stop-losses just below $104K (BTC) or $2.55K (ETH)
• Avoid chasing rallies; wait for clear breakouts above key resistance
4. Key Risks to Watch
• Talks may prove superficial – no binding outcomes, tariffs could re-escalate 
• Macro data risk – US CPI/PPI on June 11;
Fed meeting June 17–18 could shift sentiment strongly
• Volatility spike – Geopolitical headlines can swing ±5% intraday; manage position size carefully
• Tech spillover – Any hopscotch in chip trade policy might bleed into crypto sentiment
