The suspension of tariffs between China and the United States for 90 days is quite an important piece of news. This extension avoids a direct 'hard clash' between China and the U.S., giving the global market an additional 90 days of imagination space, and allowing risk assets to have a nice rebound window in the short term.

It's like giving the market a shot of 'stimulant.' Overall macro sentiment has improved as a result, as evidenced by movements in both the Nasdaq and the S&P 500.

For our crypto circle, the benefits are also quite evident: both $BTC and $ETH have shown breakthrough opportunities technically. I've seen many friends also saying that the sentiment in the crypto market is clearly warming up, and market confidence is gradually recovering.

The last time such news came out, many predicted that $BTC could exceed $100,000. Although it may not be that quick, the market liquidity will increase significantly this time, coupled with expectations of a weaker dollar, which is definitely favorable for risk assets.

Moreover, it means lower risks in import costs, which also supports industries like semiconductors and global retailers.

Of course, everyone should also be aware that this is only temporary; we still need to see the negotiation results after 90 days.