Last week, the declaration ending with #中美貿易談判 started to spread, and there were signs of a bottoming out in the cryptocurrency market. With the impressive performance of the Chinese and American stock markets on Friday, multiple options were laid out over the weekend and finally bore fruit. Now, the Chinese Foreign Minister has begun talks with the U.S. Secretary of State, indicating a strong tendency toward reconciliation. We continue to be optimistic about the direction of #加密市场反弹 this week and will maintain positions in cryptocurrencies.
According to Xinhua News Agency, on October 27, Wang Yi, a member of the Political Bureau of the Central Committee, and Foreign Minister, held a phone call with U.S. Secretary of State Rubio. Wang Yi stated that China-U.S. relations influence the direction of the world, and a healthy, stable, and sustainable bilateral relationship aligns with the long-term interests of both countries, which is also the common expectation of the international community.
