Tracking real-time hot topics in the crypto world and seizing the best trading opportunities. Today is Saturday, May 23, 2026. I am Wang Yibo! Good morning, crypto friends ☀ die-hard fans check-in 👍 Like and get rich 🍗🍗🌹🌹



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On Friday, the three major U.S. stock indices continued their rally, with the Dow and S&P reaching new highs again. The AI narrative and chip stocks continue to inject momentum into traditional risk assets. However, the crypto market did not follow this optimistic sentiment; instead, during the weekend liquidity contraction, it experienced a downward break: Bitcoin fell below the key support of $76,200, with a low of around $75,500; Ethereum also broke below the $2,100 round number, touching around $2,055. This trend shows a clear resonance with macro factors—10-year U.S. Treasury yields remain above 4.6%, the 30-year Treasury yield broke through 5.1%, and the dollar index rebounded to 99.30. The persistent high risk-free rates suppress assets sensitive to liquidity such as gold and cryptocurrencies. The structural rise in U.S. stocks is driven more by independent fundamentals of AI rather than comprehensive macro liquidity easing, and funds have not flowed out into the crypto market. Yibo will continue to monitor macro data, institutional fund flows, and on-chain changes, providing real-time strategy updates.

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Bitcoin broke out of a narrow consolidation pattern yesterday, showing a downward break. Bitcoin lost the key support of $76,200, with a low of around $75,500. Previously, Bitcoin tested the $78,000–$78,500 range multiple times without success, with bullish momentum exhausted. Coupled with weak weekend liquidity, bears took the opportunity to break through the key support zone. Currently, attention should be paid to the $75,000 round number and the $74,500–$75,000 support zone below; resistance above shifts down to $76,200–$76,500 (former support turned resistance). In terms of trading, before the bearish structure reverses, it’s advisable to short on rebounds or wait and see. Bottom-fishing requires clear signals of bottom stabilization (such as volume-increasing bullish candles or bullish divergence).

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Ethereum also broke below the $2,100 round number, with a low of around $2,055. From a technical perspective, the 4-hour Bollinger Bands are expanding downward, the price has broken below the previous consolidation platform’s lower boundary, short-term moving averages are forming a bearish alignment, and the MACD has crossed down and diverged, indicating a significant increase in bearish momentum. Weekend liquidity is weak, likely leading to slight corrections, but rebound strength is limited. Resistance above shifts down to the $2,100–$2,120 zone (former support turned resistance), with support below at $2,030–$2,050. In trading, before the bearish structure reverses, it’s best to short on rebounds or wait and see. Bottom-fishing requires clear signals of bottom stabilization (such as volume-increasing bullish candles or bullish divergence). Light positions or rest during the weekend are recommended.
SPX-5.94%
BTC-2.46%
ETH-2.84%
GLDX-0.49%
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ShizukaKazu
· 18m ago
Hop on now!🚗
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ShizukaKazu
· 18m ago
Just charge forward 👊
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CAMPEAO
· 1h ago
Let's make history this year with the rise of cryptocurrencies.
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TheAmbulanceOfTheDeposed
· 1h ago
Hop on quickly!🚗
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SiYu
· 2h ago
Just charge forward 👊
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