On May 12, senior economic and trade officials from China and the United States held important talks in Geneva, Switzerland, and reached a significant consensus. Both sides agreed to establish an economic and trade consultation mechanism and will continue dialogue to resolve differences. The positive outcomes of this meeting brought stability signals to the market, helping to improve global supply chain expectations, stabilize the international trade environment, and reduce risk aversion in global asset markets, which has positive significance for the international economic outlook.
Bitunix analysts suggest: BTC remains stable at high levels this week, reporting at $103,816 at the time of writing, maintaining a high-level consolidation pattern. Encouraged by the news of China-US easing, short-term market risk appetite has rebounded, providing support for risk assets. Technically, BTC's short-term support is at $102,000, and if it remains stable in this range, it still has the opportunity to test the $105K resistance level. Continue to track changes in China-US negotiations, pay attention to data releases this week, flexibly adjust positions, and be mindful of risk control
