Surprise of American commercials, but the Cripto market follows him

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The week afternoon brought a sharp rejection at the crypto market, because Bitcoin touched key resistance to 104,460 before sliding lower – just a few hours before the major Announcement of the White House Regarding trading relationships in the USA China.

Despite the severity of the news, Cripto Traders looked like he did not improve, and the market was pulling into the evening. Bitcoin was reduced by 0.60%, Etherum fell by 2.91%, and Altcoyni saw steeps between 3% -7%.

So why is it sold, even after the title?

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Intradai refusal to crypto on the market at 104,460, well-observed weekly resistance, he set the ton for the evening – just before the Treasury Secretary Scott Bessent and the US Trading Representative Jamieson Greer Progress announced in long-term trading conversations with China.

In Geneva crucial briefing, the Secretary of the Judge said:

“We made significant progress between the United States and China in very important trading talks … We will give details tomorrow (12. May).”

Surprise has not only come from progress, but from tons and emergency messages. Greer is followed:

“Just remember why we are here in the first place – the United States has massive 1.2 trillion deficitso the president declared a National urgent and imposed tariffs … “

The markets were ready for fireworks – but instead, Cripto remained cool.

Although the announcement was politically significant, she lacked that traders details needed risk of covering.

Most believe that the market in “will wait and see” mode “:

• No complete agreement has been confirmed.

• No tariffs or execution conditions have been detected.

• Key market participants are expecting clarity on Monday morning, during the United States trading.

Until then, the market remains indecisive, especially after the Bitcoin refusal on top of recent range.

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Bitcoin still holds a single-hour bakery trend, but it can change quickly depending on how the session is moving on Monday.