Odaily News: U.S. President Trump stated that effective immediately, the Russia-Ukraine war has reached an "energy ceasefire." Both sides have agreed that no destruction shall take place. (Sina Finance)

US President Trump announced that Russia and Ukraine have reached an "energy ceasefire" agreement effective immediately, with both sides pledging not to damage related energy infrastructure.

Odaily reports: Crypto trader Killa posted that the most ideal path for Bitcoin (BTC) would be to continue rising before the US midterm elections, building a bullish narrative and breaking previous highs, then experiencing a pullback after the elections as has occurred in historical cycles — but this time the pullback may not form a new cycle low, instead establishing a higher low.Killa stated that if BTC declines before the midterm elections, he believes the market is more likely to rebound to around $95,000 after the elections. The market has already seen nearly $2 billion in long positions liquidated, and there are only about 3 weeks remaining until the US midterm elections. The market may currently be experiencing a "maximum pain" scenario: after some market narratives have already been broken, BTC rebounds before the elections, then reverses course to pressure traders on the other side, ultimately leading the market to re-deleverage risk.Killa pointed out that in the past 4 US midterm elections, 3 saw declines within 1-2 months after the elections, with historical samples showing a probability of approximately 75%. However, he said he still holds a 10x BTC long position, as well as long positions previously established at $62,600 and $76,400, none of which have been reduced.

Ukrainian President Zelenskyy responded to Trump by stating that if Russia agrees to a 60-day ceasefire, Ukraine will hold elections. This statement directly links ceasefire conditions to the domestic political agenda.

September core data for China and the U.S., including CPI, M2, and trade balances, will be released next week. ASML and TSMC will release their Q3 earnings reports on Wednesday, while Fed Chair Walsh will attend the IMF Annual Meetings and speak on Friday.

US Treasury Secretary Bessent stated that President Trump does not expect any military conflicts to occur before the midterm elections, a remark that sets the tone for the White House's short-term security policy.