BiyaPay analyst: Trump pushes for trilateral talks at the end of August, geopolitical pressure, Bitcoin support looks at $112000 BlockBeats News: On August 19th, US President Trump stated during a White House meeting that he had reached a preliminary consensus with European leaders on security guarantees for Ukraine and had a phone call with Russian President Putin after the meeting. Trump revealed that he is actively arranging a direct meeting between Putin and Ukrainian President Zelensky, which is expected to take place before the end of August. After the meeting, trilateral talks including Trump himself will be promoted. US Vice President Vance, Secretary of State Rubio, and Special Envoy Witkov are currently closely coordinating with both Russia and Ukraine. BiyaPay analysts believe that this round of diplomatic actions sends a strong signal of easing, which may affect the risk appetite of global capital markets and thus affect the price trend of Bitcoin. After the news was released, the price of Bitcoin briefly dropped to $114400, but quickly rebounded and rose to $115000. However, the overall trend is still weak, and analysts point out that Bitcoin is still bearish in the medium to long term, with a first downward target of $98000 and a key support level of $112000 in the short term. On August 19th, the market showed a small-scale downward structure for Bitcoin, indicating that the market has not yet shaken off the dominance of safe haven sentiment. If the "Puzhe Conference" is successfully held and achieves positive results, it may help alleviate geopolitical tensions and drive a rebound in the cryptocurrency market. Analysts remind investors to closely monitor subsequent political developments and key price support ranges, and to control their positions effectively. The BiyaPay multi asset trading wallet will continue to provide you with one-stop services such as global remittance, digital currency trading, and investment in US and Hong Kong stocks, helping you seize opportunities in turbulent market conditions.