Bitcoin Teases $103K Breakout as US-China Detente and SEC Calm Fuel Crypto Rally

Geopolitical peace talks and regulatory stability spark bullish momentum—just as Wall Street ’experts’ finish dumping their bags.

Markets shrug off last month’s volatility as Bitcoin tests key resistance levels. The SEC’s unexpected restraint on enforcement actions—paired with cooling US-China trade tensions—creates ideal conditions for a breakout.

Technical indicators flash green: BTC’s weekly RSI hasn’t been this oversold since the 2021 bull run. Meanwhile, institutional inflows hit $1.2B this week alone—because nothing soothes hedge fund nerves like watching retail FOMO in late-stage cycles.

Watch the $103K level: A clean breach could trigger algorithmic buying frenzies. But remember kids—in crypto, ’stable’ just means ’slow crash’ in banker-speak.

US-China Tariff Pause Gives Short-Term Boost

Markets were lifted by a 90-day tariff truce between US and China. The deal includes:

• US tariffs on Chinese goods reduced from 145% to 30%
• China’s tariffs on US goods cut from 125% to 10%
• De Minimis imports from China now taxed at 54%, down from 120%, with a $100 flat fee

This temporary de-escalation has given a small lift to equities and crypto but overall sentiment is still risk-sensitive.

Regulatory Progress Boosts Crypto Confidence

In other news, SEC Chair Jay Clayton proposed a new regulatory framework for digital tokens—giving clarity on token classifications, exemptions and issuance. This is a step forward for institutional adoption.

Meanwhile, American Bitcoin, a mining firm tied to Eric TRUMP and Donald Trump Jr., announced a Nasdaq listing through a merger with Gryphon Digital. Hong Kong’s Animoca Brands also confirmed plans for a US IPO, showing global interest in crypto-linked stocks.

Technical Analysis: BTC Bulls Eye $103.4K Breakout

Bitcoin BTC/USD has bounced strongly from the $101,940 support which is the 38.2% Fibonacci retracement and an ascending trendline. Price is now testing the 23.6% Fib resistance at $103,394. A confirmed breakout could target:

• Target 1: $104,589
• Target 2: $105,732
• Buy Entry Zone: $103,000-$103,500
• Stop Loss: Below $101,900

The 50-period EMA at $102,697 is supporting the bullish structure. Watch for MACD crossover or volume spike to confirm.