Bitcoin (BTC): Today's price is US$102,134, with a 24-hour trading volume of US$44,541,377,216. The price has dropped by -1.84% over the past 24 hours, but has risen by 8.41% over the past seven days. The circulating supply is 19.86 million BTC, and Bitcoin's market cap is US$2,028,793,760,385.

Ethereum (ETH): Today's price is US$2,444.58, with a 24-hour trading volume of US$32,019,146,457. The price has dropped by -2.81% over the past 24 hours, but has risen by 35.43% over the past seven days. The circulating supply is 120.73 million ETH, and Ethereum's market cap is US$294,777,595,414.

Ripple (XRP): Today's price is US$2.49, with a 24-hour trading volume of US$10,833,593,873. The price has risen by 3.71% over the past 24 hours and by 17.20% over the past seven days. The circulating supply is 58.55 billion XRP, and Ripple's market cap is US$145,920,342,123.

China-US Economic Talks Bring Good News, Market Enters New Phase

Good evening, friends. I'm sure everyone saw the news at 3 p.m. yesterday. The high-level economic talks between China and the US in Geneva concluded successfully, marking a phased end to the tariff war. According to the joint statement from Xinhua News Agency, the US has suspended the additional 24% tariffs, and we have also synchronously reduced tariffs on US goods and suspended some non-tariff measures.

Good news from the China-US economic talks: The US will significantly reduce tariffs on Chinese goods from 145% to 30%. This positive development has driven short-term gains in risk assets such as US stocks and Bitcoin. With the good news now realized, the market is about to enter a new round of博弈阶段。

Current Focus: Three Key Variables

Currently, three key variables need close attention: interest rate cut expectations, economic data, and regulatory developments.

Short-term Market Focus: Will Interest Rate Cut Expectations Continue?

Several important events this week will influence market direction:

• Tuesday's CPI Inflation Data: As a key reference for Fed policy, if the data is below expectations, it will reinforce the expectation of a rate cut in June; if inflation data rises, it may cause market volatility.

• Wednesday's Fed Officials' Speeches: Hawkish officials' statements may alter market expectations for loose policy.

• Thursday's Powell Speech: After the release of PPI and retail data, the Fed chairman's remarks will set the tone for policy.

The market has already anticipated three rate cuts within the year. Any signals that deviate from expectations could lead to asset price fluctuations. It is important to note that if CPI data meets expectations, it may lead to weaker upward momentum due to the lack of a super-expected positive.

Cryptocurrency Market Shows Divergence

After Bitcoin broke its historical high, it entered a critical area, and three technical signals need attention:

• Stock Market Correlation: The trend of related stocks such as MicroStrategy resonates with the Nasdaq index.

• Volume-Price Relationship: When Bitcoin hit a new high, the trading volume did not increase synchronously, indicating a weakening of the upward momentum.

• Key Support Level: US$102,000 has become an important short-term support. If it is broken, it may trigger a technical adjustment.

The Ethereum ecosystem has become a new highlight, with the ETH/BTC exchange rate rebounding as the staking ETF progresses. If this pattern continues, it could drive the altcoin market. However, it is important to note that the current market capital is not sufficient to support a full-scale bull market, and sector rotation is rapid, making the risk of chasing gains relatively high.

Investment Strategy Recommendations

1. Bitcoin Investment: If the US$102,000 support holds, you can continue to hold spot Bitcoin but should set a trailing stop-loss.

2. Focus on Ethereum: The development of the Ethereum ecosystem may drive the altcoin market, but strict stop-loss settings are necessary when participating.

3. Risk Control: During the release of key data this week, it is advisable to reduce leverage to guard against significant market fluctuations.

4. Seizing Rotation Opportunities: Concepts such as AI and MEME still offer short-term opportunities. It is recommended to follow the principle of "buying expectations and selling facts."

The current market is in a stage of rebalancing expectations and reality. After the tariff good news has landed, funds are searching for new directions. However, unlike the 2021 bull market, global debt pressure and geopolitical factors

Bitcoin (BTC): Today's price is US$102,134, with a 24-hour trading volume of US$44,541,377,216. The price has dropped by -1.84% over the past 24 hours, but has risen by 8.41% over the past seven days. The circulating supply is 19.86 million BTC, and Bitcoin's market cap is US$2,028,793,760,385.

Ethereum (ETH): Today's price is US$2,444.58, with a 24-hour trading volume of US$32,019,146,457. The price has dropped by -2.81% over the past 24 hours, but has risen by 35.43% over the past seven days. The circulating supply is 120.73 million ETH, and Ethereum's market cap is US$294,777,595,414.

Ripple (XRP): Today's price is US$2.49, with a 24-hour trading volume of US$10,833,593,873. The price has risen by 3.71% over the past 24 hours and by 17.20% over the past seven days. The circulating supply is 58.55 billion XRP, and Ripple's market cap is US$145,920,342,123.

China-US Economic Talks Bring Good News, Market Enters New Phase

Good evening, friends. I'm sure everyone saw the news at 3 p.m. yesterday. The high-level economic talks between China and the US in Geneva concluded successfully, marking a phased end to the tariff war. According to the joint statement from Xinhua News Agency, the US has suspended the additional 24% tariffs, and we have also synchronously reduced tariffs on US goods and suspended some non-tariff measures.

Good news from the China-US economic talks: The US will significantly reduce tariffs on Chinese goods from 145% to 30%. This positive development has driven short-term gains in risk assets such as US stocks and Bitcoin. With the good news now realized, the market is about to enter a new round of博弈阶段。

Current Focus: Three Key Variables

Currently, three key variables need close attention: interest rate cut expectations, economic data, and regulatory developments.

Short-term Market Focus: Will Interest Rate Cut Expectations Continue?

Several important events this week will influence market direction:

• Tuesday's CPI Inflation Data: As a key reference for Fed policy, if the data is below expectations, it will reinforce the expectation of a rate cut in June; if inflation data rises, it may cause market volatility.

• Wednesday's Fed Officials' Speeches: Hawkish officials' statements may alter market expectations for loose policy.

• Thursday's Powell Speech: After the release of PPI and retail data, the Fed chairman's remarks will set the tone for policy.

The market has already anticipated three rate cuts within the year. Any signals that deviate from expectations could lead to asset price fluctuations. It is important to note that if CPI data meets expectations, it may lead to weaker upward momentum due to the lack of a super-expected positive.

Cryptocurrency Market Shows Divergence

After Bitcoin broke its historical high, it entered a critical area, and three technical signals need attention:

• Stock Market Correlation: The trend of related stocks such as MicroStrategy resonates with the Nasdaq index.

• Volume-Price Relationship: When Bitcoin hit a new high, the trading volume did not increase synchronously, indicating a weakening of the upward momentum.

• Key Support Level: US$102,000 has become an important short-term support. If it is broken, it may trigger a technical adjustment.

The Ethereum ecosystem has become a new highlight, with the ETH/BTC exchange rate rebounding as the staking ETF progresses. If this pattern continues, it could drive the altcoin market. However, it is important to note that the current market capital is not sufficient to support a full-scale bull market, and sector rotation is rapid, making the risk of chasing gains relatively high.

Investment Strategy Recommendations

1. Bitcoin Investment: If the US$102,000 support holds, you can continue to hold spot Bitcoin but should set a trailing stop-loss.

2. Focus on Ethereum: The development of the Ethereum ecosystem may drive the altcoin market, but strict stop-loss settings are necessary when participating.

3. Risk Control: During the release of key data this week, it is advisable to reduce leverage to guard against significant market fluctuations.

4. Seizing Rotation Opportunities: Concepts such as AI and MEME still offer short-term opportunities. It is recommended to follow the principle of "buying expectations and selling facts."

The current market is in a stage of rebalancing expectations and reality. After the tariff good news has landed, funds are searching for new directions. However, unlike the 2021 bull market, global debt pressure and geopolitical factors