BitUnix analyst: UK US trade agreement boosts confidence, BTC hits 104K

According to BlockBeats, on May 9th, US President Trump reached the first trade agreement with UK Prime Minister Stammer, removing some non-tariff barriers, including zero tariffs on steel and aluminum from the UK, a 10% reduction in US tariffs on UK cars, and the UK's withdrawal of a 2% digital tax on US e-commerce. This agreement will help ease trade tensions and boost market confidence. But the agreement is still framework based, with no substantial concessions in sensitive areas, a 10% baseline tariff retained, and overall policy direction still uncertain. Trump also said that if the US China negotiations go smoothly, he will consider lowering tariffs. BitUnix analysts suggest that driven by positive news, Bitcoin broke through 100K and rose to 104K at one point, with a intraday increase of over 7%. The advancement of negotiations between China, the United States, the United Kingdom, and the United States will help reduce geopolitical risks. It is not advisable to chase high after BTC breaks out of the range in the short term. It is advisable to wait for a pullback layout, while paying attention to next week's CPI, PPI, and negotiation progress, and prudently allocate assets to avoid risks.