In addition to China, Europe should also benefit from tariff-related news. However, I personally believe that Europe's tariffs include elements related to the Russia-Ukraine conflict. Now that the U.S. has signed a mineral development agreement with Ukraine, they have started to jointly urge Russia to cease fire with Europe. This suggests that the tariffs from the U.S. and Europe should also yield results soon.

The remaining positive news should be the ceasefire in the Russia-Ukraine conflict. It is expected that Putin will meet with Zelensky around the 15th, and a direct ceasefire is not out of the question.

From the market perspective, after a brief rise during Asian hours, $BTC retraced by $1,000, returning to the $104,500 level, almost erasing the benefits brought by the U.S.-China statement. However, U.S. stock futures have risen again, with the Nasdaq futures increasing from 2.5% to 3.5% at the time of my post, and S&P futures rising from 1.5% to 2.7%. U.S. stock investors continue to maintain a FOMO sentiment.

I have not changed my position and will wait to see when the U.S. stock market opens in the evening. Overall, Bitcoin will still align with the U.S. stock market.

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