Analysis

Strategy was forced to sell Bitcoin, leading both to extend their declines as market panic spreads.

HYPE prices continue to surge to new record highs, dealing a fatal blow to short sellers, though technical indicators signal a potential pullback.

Renewed hostilities between the U.S. and Iran have hit the crypto market hard, with Bitcoin falling below the $73,000 level. Non-farm payroll data to be released this Friday will be key.

Whales are aggressively accumulating Binance Life, driving its price to a new record high, with the rally expected to persist.

AI US stocks and AI cryptocurrencies represent two distinctly different investment theses. The former is a revaluation of tangible technology implementation by traditional capital, characterized by earnings support, high pricing power, and relatively rational valuations, though it may face a potential bottleneck. The latter represents Web3’s premature speculation on a future decentralized AI economy; currently in the "vision and narrative" stage, it lacks practical implementation, resulting in extreme volatility, but possesses the potential to break the Web2 monopoly in the future.

Trump’s forceful mandate to grant the federal agency CFTC "exclusive jurisdiction" over prediction markets is set to significantly stimulate trading volumes. This move could potentially establish the sector as the most active financial battlefield outside of U.S. equities, though it may also trigger numerous issues or conflicts.

Tradingkey - On May 29, the U.S. cryptocurrency industry achieved a milestone regulatory breakthrough. Cryptocurrency exchange Coinbase (COIN) and prediction market platform Kalshi jointly announced on Friday the official launch of cryptocurrency perpetual contract products. This marks the first time in U.S. history that investors are permitted to trade perpetual futures contracts through domestic, licensed, and regulated exchanges. The product launch received official listing approval from the Commodity Futures Trading Commission (CFTC), signifying that crypto perpetual futures, which had long resided in a regulatory gray area, are now formally integrated into the U.S. domestic financial regulatory system, establishing a clear framework for onshore trading rules.

Traditional financial institutions incur high operating costs with thousands of employees in compliance, clearing, and technology, and do not trade on weekends. In contrast, Hyperliquid has facilitated nearly $3 trillion in cumulative trading volume with an engineering team of just 11, steadily capturing their market share.

Ethereum’s development trajectory closely mirrors that of early-stage Amazon and Solana. While currently in a trough, it is poised for a renewed breakout as market conditions improve.

U.S. April PCE data indicates that Federal Reserve rate cuts remain distant, prompting a significant shift of capital from Bitcoin to AI stocks as the downward trend is expected to persist.

Should XLM break through the resistance level of $0.18, it is poised to rise nearly 40% further and challenge the next resistance at $0.25. Conversely, it may retreat once more to the year-to-date low of $0.14.

Multiple macroeconomic headwinds have triggered capital outflows, causing Bitcoin to break below key support levels, with a high probability of further correction.

Cryptocurrencies softened as NEAR extended its rally toward the $3 mark, potentially facing a technical correction.

With a fixed supply of 21 million tokens, rising demand will drive up the price of OKB, which is the underlying reason for the current buying frenzy among Wall Street and smart money. However, if Exchange OS fails to attract developers and users as expected, OKB could face a wave of sell-offs.

Ethereum price started a downside correction from $2,120. ETH must clear the $2,110 and $2,120 resistance levels to continue higher. Ethereum started a downside correction below the $2,110 zone. The price is trading below $2,095 and the 100-hourly Simple Moving Average. There was a break below a bul

Bitcoin’s recent drop below key support may have been more than just a bearish breakdown. As price quickly recovers important levels and market structure remains intact on higher timeframes, the move could have been a classic fakeout designed to shake out weak hands before the next major rally begin

TradingKey - On May 25 ET, Bitcoin (BTCUSD) fluctuated near $77,000, showing signs of stabilizing after two consecutive weeks of correction. Despite recent sustained outflows from Bitcoin ETFs, Bitcoin prices may be poised for a rally as macro risk appetite recovers.

OpenAI follows the business model favored by traditional Wall Street—high revenue growth, high user stickiness, and a strong economic moat. In contrast, Worldcoin has struck two major landmines: inflationary selling pressure from tokens and government regulations on biometric privacy across multiple jurisdictions.

Facing this "IPO of the century," investors should avoid blind faith in the notion that "rocket launches will send Dogecoin soaring" and instead maintain a rational approach. Particular attention should be paid to the June 12 listing date; it is advisable to strictly execute staggered profit-taking leading up to the event to mitigate the risk of a sharp correction once market euphoria reaches a peak.

TradingKey - Ethereum's recent performance has exhibited a weak and volatile trend. Despite briefly surging to near $2,400 at the beginning of the month, it pulled back under pressure last week. As of press time, the cumulative decline for the month exceeds 5%, indicating that market sentiment remains predominantly bearish.