The recent US-China trade agreement has sparked optimism in global markets, including cryptocurrencies. The deal aims to reduce tensions and boost trade, potentially stabilizing the economy and increasing investor confidence.
Key points:
- US and China reach preliminary agreement to avoid 100% tariffs
- Markets react positively, with Bitcoin rising 1.8% and Ether gaining 3.6%
- Analysts predict increased institutional participation and upward movement in risk assets
Regarding TRB, here's a potential trade setup:
- *Entry Zone*: 25-27
- *Targets*: 29, 38, 46, 54, 555++
- *Stop Loss*: Set according to your risk tolerance
Buyers are present, and the price may bounce from weekly support. Keep an eye on the breakout resistance 4H.
