COINOTAG News, April 14: QCP has reported in its daily market observation that recent tariff negotiations between the U.S. and China have led to a notable stabilization in **risk assets**. The **U.S. tariffs**, reaching up to 145% on various Chinese imports, prompted a retaliatory measure from China, imposing its own 125% tariff. This backdrop has created a scenario where further market escalations have become predictable. The significant nature of these tariffs appears to serve more as symbolic gestures than immediate market reactions, a contrast to the heightened market anxiety experienced during the “Liberation Day” phase.
Following last Friday’s closing, the Trump administration has discreetly exempted tariffs on smartphones, computers, and chips. Despite ongoing trade tensions, **risk assets** have begun to price in a sentiment of cautious optimism, indicating a complex negotiation landscape between the U.S. and China, intertwined with domestic bond market maneuvers. Within the **cryptocurrency sector**, Bitcoin’s risk reversal remains bearish until June, highlighting a level of short-term market caution. However, increasing long-term bullish sentiment is evident due to substantial buying activities, such as the acquisition of 800 contracts for BTC-27MAR26-100k-C. Currently, Bitcoin is trading within a range of $80,000 to $90,000, adopting a sideways movement as investors maintain a “wait-and-see” approach regarding the evolving tariff situation.