The China-U.S. trade negotiations have ended, has Bitcoin entered the banana zone? E-Guardian also makes a splendid turnaround.

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After the conclusion of the China-U.S. trade negotiations, President Trump's advisor announced that the talks had made "substantial progress," but did not provide many details. The Coinglass Fear and Greed Index has reached a greed zone of 70, and Bitcoin attempted to challenge 105K over the weekend, leading the rise ahead of U.S. stocks and other risky assets. Has the "Banana Zone" proposed by macro investor Raoul Pa already arrived?

The US and China have ended negotiations, but the differences are not significant?

U.S. Treasury Secretary Bessent and Trade Representative Jamieson Gree stated after two days of negotiations with China in Geneva that they would share more information on Monday. Gree told reporters, "The differences may not be as significant as imagined." Chinese officials expressed a similar view at another press conference on Sunday, stating that the talks between the two sides have achieved a "good sustainable development" in China-U.S. relations.

Wall Street giants are entering the market, is Bitcoin entering the banana zone?

The Coinglass Fear & Greed Index has reached a greed zone of 70, with Bitcoin attempting to challenge 105K over the weekend, leading the pump ahead of U.S. stocks and other risky assets. Has the "Banana Zone" proposed by macro investor Raoul Pa, which describes the "banana-shaped" chart pattern when Bitcoin enters a phase of crazy price increases, already arrived?

( Bitcoin enters the "Banana Zone"? Understand the price surge and hidden risks behind the market frenzy at a glance )

Bitcoin prices are strengthening, and the sentiment in the crypto market is heating up, with global funds pouring into spot Bitcoin ETFs. BlackRock's IBIT has performed the most impressively, recording net fund inflows for 20 consecutive trading days and attracting Wall Street giants like Goldman Sachs to increase their positions, becoming the focus of market attention.

( Continuous inflow of funds for 20 days! BlackRock Bitcoin spot ETF is wildly attracting capital, Goldman Sachs becomes the largest buyer )

In addition, BlackRock submitted revised documents for the Ethereum ETF (ETHA) and the Bitcoin ETF (IBIT) after meeting with the SEC cryptocurrency task force, adding considerable hope for the progress of crypto ETFs. Bloomberg ETF analysts expect the SEC to approve physical creation/redemption crypto ETFs this year.

( Is there a glimmer of hope for crypto ETF progress? BlackRock meets with SEC team, submits revised versions of IBIT and ETHA )

ETH once broke through 2,600, and E Guardian made a magnificent turn.

Ethereum has recently surged strongly, breaking through 2,600 USD over the weekend, marking the first time since the end of February this year.

Recently, on the social platform X, a term that originally carried a sarcastic meaning, "E Guardian," has quietly risen to fame. It not only represents a group of staunch supporters of Ethereum (ETH) but has also completed a stunning transformation from "laughingstock" to "faith" in just a few days.

( laughingstock to belief: "E Guardian" becomes a new meme in the Ethereum community )

This week's focus data

The US CPI inflation data will be released on Tuesday. GDP data for the UK and Eurozone will be announced on Thursday, followed by the number of US unemployment claims and PPI data.

The market will also pay attention to the remarks made by Federal Reserve Chairman Jerome Powell on Thursday.

This article discusses the end of the China-US trade negotiations, and Bitcoin entering the banana zone? E Guardian also makes a glamorous turn, first appearing in Chain News ABMedia.

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Jinchengvip
· 05-12 00:21
Hold on tight, we're about to To da moon 🛫
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