Risk sentiment reversed sharply after President Trump officially dropped plans for new tariffs on European Union trading partners following diplomatic talks, easing fears of a broader US-EU trade conflict. Crypto markets reacted positively to reduced geopolitical risk.
Bitcoin (BTC) reclaimed near the $90,000 level — trading in a $89,800–$90,000 range — as traders reduced short gamma and increased spot buying. Ethereum (ETH) also rebounded toward $3,000, signaling improved risk appetite across the digital asset complex.
Earlier tariff rhetoric had pushed Bitcoin below $92,000 amid risk-off flows and forced liquidations; dropping that threat has ignited a relief bounce in both crypto and equities. Market structure now shows decreasing implied volatility as macro pressure subsides, but momentum remains cautious until confirmed breaks above key levels.
Key Levels to Watch:
• BTC resistance: $91,500 – $93,000
• ETH pivot: $3,050 – $3,100
Adjust risk and maintain disciplined entries.
