According to Skew Δ (@52kskew), the ongoing US-China trade talks in Geneva this weekend are a major focus for traders, with the outcome likely to influence initial market sentiment. Bitcoin ($BTC), as the most liquid weekend market, is seeing significant hedging activity just below the $104,000 level. This activity indicates traders are actively managing risk ahead of the trade talks' outcome, with a clear price turning point identified in case the market moves against their positions. These developments underscore the impact of macroeconomic events on crypto trading strategies and highlight the importance of monitoring $BTC price action during high-impact global negotiations (source: Skew Δ on Twitter, May 10, 2025).