According to Crypto Rover, former President Donald Trump has publicly stated that China should open its markets, a move that could signal potential shifts in global trade policies and impact cryptocurrency trading dynamics. As China remains a major player in the crypto ecosystem, any further market liberalization could increase liquidity and trading opportunities for assets like Bitcoin and Ethereum. Traders should closely monitor policy developments, as increased Chinese market access may drive volatility and new capital flows into the crypto market (Source: Crypto Rover on Twitter, May 9, 2025).

According to Crypto Rover, President Trump has scheduled a 'major trade deal' news conference for tomorrow at 10:00 AM in the Oval Office with a 'big, highly respected country' (source: Crypto Rover on Twitter, May 8, 2025). This announcement could trigger volatility in both traditional stock and cryptocurrency markets, especially as global trade policy shifts often influence investor sentiment and risk appetite. Traders should monitor Bitcoin, Ethereum, and altcoin pairs for increased volume and price action around the news conference, as prior trade deal announcements have historically led to sharp moves in crypto prices due to changing macroeconomic expectations (source: Cointelegraph, November 2023). Setting alerts for support and resistance levels ahead of the news may help capitalize on potential breakout opportunities.