The conclusion of the China-US tariff agreement has injected a strong boost into the Crypto Assets market in the short term, but the long-term impact still needs to be observed in the following aspects:

Federal Reserve monetary policy: If the interest rate cut expectation materializes, it may create a dual benefit of "liquidity easing + recovery of risk appetite";
Industry application expansion: repairing or promoting the growth of practical use cases in cross-border trade, stablecoins, DeFi, and other fields;
Geopolitical stability: The details of the subsequent negotiations between China and the United States and changes in the global trade pattern remain key variables.
Overall, the volatility of the crypto market will still be driven by both macro policies and market sentiment. Investors need to closely monitor the progress of China-US economic and trade consultations as well as changes in global liquidity.