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2026.5.12 9:50 AM BTCC/ETH/SOL Detailed Analysis 13-15 Trump’s Visit to China and Its Market Impact?
Old Trump officially visits China from the 13th to the 15th! This is a major event, arguably the biggest event on Earth!
It is expected that the market will continue to perform wildly in the coming days!
It has been 9 years since the last visit to China from November 8-10, 2017; in economics, a big cycle lasts about 9 years!
Last time, China signed trade deals worth $253.5 billion; anything below that this time would be considered a failure!
In 2017, during a bull market, BTC surged by 59% that month; during the visit, it first rose sharply then pulled back!
On the second day of this week’s market, it was narrow-range oscillation, continuing indicator recovery, with no clear victory for bulls or bears yet! There is also a trend of breaking the deadlock during the visit!
BTC
Support 78,425 / 75,475
Resistance temporarily set at 85,168 / 87,548
Support and resistance levels remain unchanged for now, but be more cautious; the core position at around 76,600 long orders has already been protected and should be held steadily, adapting to changes!
ETH
Support 2,225
Resistance temporarily set at 2,525 / 2,749
Last night’s long order at 2,310 hit the first take-profit level at 2,340; this morning, a spike pierced below 2,300. It was advised last night to buy on a breakdown below 2,300, but the main force was too timid. After the spike this morning, it quickly recovered after falling below, now consolidating at 2,313. Continue holding the initial position!
Operation advice does not constitute any investment basis: Bitcoin and altcoins are stagnating at high levels, while other major chains like SUI, BNB, SOL, etc., are catching up nicely!
All long positions at low levels within the next two weeks should be protected and secured against loss; do not neglect to set stops. We must endure zero risk through these few days of the visit. The greater the volatility, the more thorough the reshuffle, which is beneficial for the market to continue advancing. When market focus is on these days, the main players will push for large fluctuations, maximizing profit potential and encouraging more traders to jump in. Our goal is to ensure zero risk on holdings and protect capital! Just wait quietly for the main force to perform!