Bitcoin paused after significant gains, stabilizing around $104,000 amidst reactions to a US-China trade deal that impacted major financial assets. Following the announcement, the S&P 500 and Nasdaq Composite surged approximately 3%, while the DXY rose to a one-month high. The agreement included a reduction of trade tariffs between the two countries. Traders began focusing on nearby order book liquidity, with $102,000 being identified as a critical support level. Popular analysts noted that BTC's retest of the 50-week exponential moving average (EMA) indicates a potential for new all-time highs, given historical patterns. Despite fluctuations, Bitcoin maintained a balance as gold prices decreased significantly. Monitoring liquidity and market reactions at key levels will be essential for traders moving forward.

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