Bitunix Analyst: First Trade Deal "Sealed", BTC Trading Range Short-Term Volatility, Awaiting Direction

April 30th. On Tuesday, the U.S. Secretary of Commerce disclosed in an interview with foreign media that "I have completed the first trade agreement. It is truly completed." However, it still needs to be approved by the counterpart country's government and parliament. He emphasized that this agreement does not involve China as the negotiations with China are being handled by the Treasury Secretary Bennett. The market generally anticipates that Japan, South Korea, and India will be the first to finalize the agreement. In the cryptocurrency market dynamics, with some risk-off funds returning to the traditional market, crypto safe-haven assets are being reallocated and ETFs and whale buying remain active. Bitunix Analyst Recommendation: Lutenic is optimistic about the upcoming trade agreement, which brings a short-term positive outlook to the market and drives the rebound of risk assets; crypto assets are also supported during the rotation to safe havens. The analyst suggests that investors observe the subsequent trend of BTC's fluctuation in the 92K-96K range while strictly adhering to risk management.