Crypto KOL Community & Market Trends

📈 $BTC ‌ still looks strong here.

• Key level reclaimed
• Bullish structure intact
• Current dip looks corrective, not bearish

As long as buyers keep stepping in, the path toward $87K remains open.

#GateSquareMayTradingShare
#CLARITYActPassesSenateCommittee

$HYPE at $42, will you get in?

24-hour trading volume skyrocketed to 345 million, platform annual revenue of 620 million USD, 97% fee directly used for buyback and burn—yet the price dropped 28% from the $59 high, hovering at $42 for half a month. Some say it’s “the next BNB,” others shout “on-chain perpetual leader bubble is too big.”

First look at the surface: cash flow machine, real money is making money.

In the past 30 days, Hyperliquid’s cumulative trading volume reached 175 billion USD, open interest soared to 8.6 billion, TVL 5.1 billion, on-chain perpetual market share over 70%.

Candlestick charts tell you: the large upward channel is intact, the $38-40 strong support has been validated more than 6 times. MACD is about to cross bullish, volume clearly increased during the rebound.

First thing: ETF and Coinbase have simultaneously opened the institutional faucet.

Bitwise and 21Shares’ HYPE spot ETFs are live, funds are flowing in. Coinbase uses USDC as Hyperliquid’s main quote asset, reserve yields are directly channeled into the HYPE buyback mechanism.

Second thing: revenue equals deflation, no unlocking sell pressure risk.

97% of trading fees are used for on-market buyback and burn of $HYPE. Daily revenue of $1.2 million equals daily buy volume of $1.2 million. And there’s no large unlocks for at least 12 months.

Tell me, which track has such a model? BNB relies on centralized exchange profits, HYPE relies on real trading volume from on-chain perpetual DEX, with lower fees and better experience.

Third thing: a technical signal that must be watched carefully.

Price dropped from ATH $59 to $42, a 28% correction, but volume has not continued to increase. RSI is in neutral zone, MACD has not yet crossed bullish.

More critically: the market is unstable. BTC hovers around 80k, fear index once dropped to 25. If BTC retests 77k, HYPE will likely test $38 as well.

One side:

- Annual revenue of $620 million, daily income $1.2 million

- 97% revenue used for buyback and burn, deflationary model

- ETF + Coinbase institutional channels opened

- On-chain perpetual market share over 70%, with a deep moat

One side:

- Dropped from 59 to 42, many trapped in 28% correction

- Market sentiment fragile, BTC may retest lows

- Competitors (dYdX, Vertex) catching up

- Price sideways for half a month, direction unclear

Key level at 42.8, just a step away from strong support at 38-40.

Resistance above: 45 → 48-50 → 59 (ATH)

Support below: 40 → 38 (6 times validated iron bottom) → 35

Short-term traders:

Wait for retest near 40-41 to buy in, stop-loss at 38.5, first target 45-48, take half profit. Break above 45 with volume, go long, stop-loss at 43, target 50-55.

Swing traders:

Wait for daily close above 45 before entering on the right side, use dynamic take profit, target 55-60. If it drops to 38-40, buy in batches with eyes closed—golden opportunity.

Long-term believers:

Start dollar-cost averaging at 38-40, buy more as it dips. HYPE’s fundamentals are top-tier in DeFi—revenue, deflation, moat, institutional channels. End of 2026 target 80-120, betting on on-chain derivatives taking over 30% of CEX market share.

HYPE now is like SOL at the end of 2023—

Everyone’s arguing “valuation is too high,” but only after it rises from 20 to 200 do they realize: it’s not expensive, you just don’t understand the real income. #Gate广场五月交易分享 #CLARITY法案参议院通关 $HYPE $BTC $ETH

$BTC got rejected from the weekly FVG level.
Exactly as predicted 💯

In the next three years, there are a few things I think are worth seriously discussing.
1. Housing, avoid taking out loans if possible.
Housing prices won't plummet, but will slowly decline like a dull knife cutting meat.
In the future, enjoying equal rights for renting and buying will be the main direction;
properties held by speculators are hard to sell and hard to hold onto.
2. Work, avoid quitting if possible.
In this situation, dignity, face, and overtime are minor issues;
a stable job is the most important.
3. Entrepreneurship, pursue lightweight assets.
Heavy asset startups are extremely risky in this environment;
it's better to save your money and try low-cost experiments—this is the way to survive.
4. Borrowing money, avoid borrowing if possible.
You care about interest, the other party cares about the principal.
Talking about integrity with a defaulter is pointless.
5. Online lending, don't even touch it.
The days of collection are not something ordinary people can endure.
6. Stocks and funds, ordinary people are unlikely to outperform capital.
When your understanding is insufficient, greed will make you act quickly,
and you'll be caught soon after.
7. Circles, stay away from those who only drain your energy.
Associate with people who have real results, spend less time with boastful ones.
In one sentence—over the next few years, preserve cash, protect your principal, and move forward lightly.

1.93 USD TON, do you dare to get on board?

Telegram just personally stepped in as the biggest validator, staking 2.2 million tokens, transaction fees cut to nearly zero, and in early May, it surged 36% to hit 2.8— but in the past week, it dropped 23%, back to around 1.9. RSI dropped from overbought 71 and turned downward, large holders started net outflows.

First look at the surface: fundamentals have been reborn, but the price is falling.

May 4-8, TON surged 36% in a single week, trading volume exploded by 324%, peaking above 2.8. The reason? Pavel Durov personally posted: Telegram officially replaced TON Foundation, becoming the network’s largest validator, and made TON the only blockchain infrastructure for Mini Apps.

But after the positive news, profit-taking flooded out wildly. It fell 23 over 7 days, currently bouncing between 1.90-2.00. Double top at high levels + MACD death cross, RSI falling back to neutral-weak—short-term selling pressure has not yet been fully released.

First thing: Telegram is no longer a “friend,” but a “parent.”

Previously, the relationship between TON and Telegram was “ambiguous”—officially no direct connection, community just having fun. Now? Telegram directly staked 2.2 million TON, becoming the largest validator on the network, and also integrated domain names, wallet protocols, and Mini Apps infrastructure.

Transaction fees dropped from 0.005 TON to 0.0005 TON, basically free.

Second thing: USDT supply + DeFi data are quietly climbing.

USDT on TON has exceeded $558k to $750 million, STON fi daily trading volume skyrocketed from $1.5 million to over $40 million.

Third thing: a critical technical signal has appeared.

During the early May surge, RSI hit 71 (overbought), then steadily declined to neutral. Recently, in the past hour, net outflow of $558k, large holders reducing positions. The daily chart shows a “double top at high levels,” if it cannot hold 1.90, next support is at 1.70-1.80.

One side:

- Telegram personally involved, 900 million user access

- Mini Apps processed 1.5 billion transactions in Q1, real use cases

- USDT supply + DeFi TVL rapidly growing

- Long-term target 3.0-3.5, even 5.0+

The other side:

- After positive news, a 23% correction, short-term selling pressure remains

- RSI overbought and falling, MACD death cross

- Centralization risk: Telegram dominates validators, institutional funds have concerns

- Macro CPI high, ETF outflows, altcoins generally under pressure

Key level 1.90, the last line of defense for bulls and bears.

Resistance above: 2.10 → 2.30 → 2.50-2.80

Support below: 1.85 → 1.70-1.80 (weekly neckline)

Short-term players:

Wait for around 1.90 to try long positions with light holdings, stop-loss at 1.85, target rebound to 2.10-2.20. Add positions if volume supports at 2.10.

Swing traders:

Wait for the daily close above 2.10 before entering, target 2.50-2.80, stop-loss at 1.85. Or place buy orders in the 1.70-1.80 range to catch a double bottom rebound.

Long-term believers:

Below 1.90, add a layer every 5% drop, build positions gradually. TON’s fundamentals have shifted from “concept” to “infrastructure,” with a target of 3.0-5.0+ by late 2026, stop-loss below 1.70.

TON now is like SOL in 2024—

Everyone’s criticizing “centralization,” but they don’t understand “users are traffic, traffic is value.”

Is 1.90 a golden pit or a foothill?

I choose to believe in the power of 900 million people. #Gate广场五月交易分享 #CLARITY法案参议院通关 $BTC $ETH $TON

$BTC reclaimed the zone and structure remains bullish.

Current pullback looks like a retest, not weakness.

If buyers step in here, Bitcoin could expand toward $87,000 next.

Momentum favors bulls right now.

Harvard University's endowment fund, managing about $50 billion.
They tentatively bought an $86.8 million Ethereum ETF last quarter, and fully liquidated this quarter.

The testing phase is over, they’re done playing.

At the same time, they also reduced their Bitcoin ETF holdings by 43%.

It's not a switch in positions, but a cautious stance on crypto overall, especially not favoring ETH.

Meanwhile, Abu Dhabi’s Mubadala fund, with a sovereign wealth fund exceeding $300 billion.

They not only didn’t sell Bitcoin, but increased their holdings from 12.7 million shares to 14.72 million shares, adding a solid $90 million.

You might think: these are just two institutions with different styles—one conservative, one aggressive.

Wrong.

Is Harvard really the most conservative type of fund? No, Harvard’s risk appetite is actually higher than many sovereign funds—they’ve invested in VC and crypto funds.

This time, liquidating the ETH ETF is a clear statement: “I’ve researched this asset, and it’s not worth holding at this stage.”

And Abu Dhabi increasing their BTC holdings isn’t because they’re bullish on the entire crypto space.

They just believe in BTC.

Sovereign funds tell you with real money: ETH ≠ BTC, never equals.

Why did Harvard liquidate ETH?

Because they know there’s a fatal flaw in ETH’s narrative:

Bitcoin’s positioning: singular, stable, irreplaceable (digital gold).

Ethereum’s positioning: constantly changing (POS, sharding, L2, re-staking…), for institutions, today’s ETH and tomorrow’s ETH might not be the same asset.

What do institutions fear most? Unpredictable protocol upgrades, tax ambiguity on staking yields, L2 competing with mainnet value.

Harvard says: I’m too lazy to research these messy details, I’m out.

Why is Abu Dhabi increasing their BTC holdings?

It’s simple: BTC is old enough, slow enough, boring enough. Boring enough to make sovereign funds feel safe.

They don’t need to get rich quickly; they want this asset to still be around in decades, and to have stories to tell.

Don’t misunderstand—this doesn’t mean ETH will die.

It’s very likely to keep rising, innovating, and helping many people make money.

But institutional money is shifting from “betting on the ecosystem” to “only betting on the most certain asset.”

The divergence between Harvard and Abu Dhabi isn’t about right or wrong.

It’s telling you: starting this quarter, the institutional narratives for BTC and ETH have completely forked. #Gate广场五月交易分享 #CLARITY法案参议院通关 $BTC $ETH

#蓝v互关 第二期开干 还是一样，昨天关注肯定会有落下的兄弟 有关必回，没回到评论区或者私信直接叼我就行，看到秒回 粉丝快要4万了，助我破鼎 到4万粉丝此贴抽10个猪脚饭给兄弟们 # Honest mutual following

$BTC has broken out above a descending broadening wedge on the daily chart, and the retest has already held.
If this structure continues, the next target area could be around 107K.
#BTC #Crypto

Found the culprit.
People in the crypto world who were played by Trump couldn't escape Trump's grasp even in stocks.
It turns out that the hot new US stock $CBRS from a few days ago was also invested in by the Trump family.
I wonder how many crypto people bought their first US stock as $CBRS , and how many bought crypto-flavored VC shares at the peak.

Don't let digital assets get stuck on the chain: true freedom is the freedom to circulate.
In these years of doing Web3, running cross-border, and deploying overseas assets, my deepest realization is not about making more or less profit from trading, but that assets can't move, and no matter how many positions you have, they are all virtual.

🚨 WHALE: Morgan Stanley’s Bitcoin fund wallet received over 467 BTC from Coinbase Prime in the past 4 days.
#GateSquareMayTradingShare $BTC

Is SOL's "institutional discount" starting to recover tonight?

The SOL you hold may have been sold at a discount all along.

It's not market FUD, not FTX's residual effects, but a more hidden and deadly reason—

Solana has only had one life.

In the past three years, institutions haven't heavily accumulated SOL, not because it's unprofitable, but because they didn't dare.

Why?

Because Solana has only one client. One bug, one memory overflow, and the entire network crashes. This isn't hypothetical; it has happened several times.

How can BlackRock compete with you? How can Fidelity play with you?

This is the real reason SOL has been suppressed—an institutional confidence discount.

But today, Firedancer officially launched on the Solana mainnet, starting to produce blocks.

This is something Jump Crypto spent years on, burned an unknown amount of money, and conducted a $1 million bug bounty audit to develop.

The first independently implemented high-performance validator client in Solana's history.

Previously, Solana was a one-legged walk; if it fell, it would collapse.

Now, with a second leg, if it falls, the other can still stand.

The dual-client architecture, in theory, completely eliminates the risk of network downtime caused by a single client failure.

Will this "institutional confidence discount" be repaired?

My judgment is: it won't be fixed overnight, but the repair is already irreversible.

Pessimists will say: Firedancer has just gone live, validator coverage is still low, gradual promotion, not so fast.

But I tell you: institutions are looking at the "logical inflection point," not the "data inflection point."

What is a logical inflection point? It is the moment when risk shifts from "existing" to "non-existent."

Previously, when you asked institutions, "Will Solana crash due to client bugs?"

The answer was: "Yes, and it has happened."

Now, ask the same question.

The answer is: "In theory, it will never happen again."

The long-standing discount will gradually recover over the next 6 to 18 months.

It's not a pump-up; it's a revaluation.

Just like a company that was previously discounted because "the boss could have an incident at any time," but after the boss changed and risk control improved, the discount gradually disappeared. It doesn't necessarily mean profits doubled; the valuation itself has changed.

Firedancer is the final piece that moves Solana from a "wild high-performance chain" to "institutional-grade infrastructure."

$SOL (4H) — Breakdown Continuation Short
Bias: Bearish

Entry Zone: $87.20 - $88.50

Targets:
TP1: $85.00
TP2: $82.80
TP3: $79.50

Stop Loss: $91.20

Why this Setup:
SOL continues to trade under heavy sell pressure after losing the major recovery structure from the $98 region. The chart has now transitioned into a clear lower-high, lower-low formation on the 4H timeframe, with buyers failing to produce any meaningful reversal reaction.

The most recent dump below the $88 support zone confirmed weakness across the structure. Even though price is attempting a small bounce near $86–87, momentum still looks defensive rather than bullish.

What makes this setup attractive for shorts is the lack of strong recovery candles after the breakdown. Instead of aggressive buying, SOL is consolidating weakly near the lows — a pattern that often leads to continuation toward deeper liquidity zones.

Unless bulls reclaim the broken support region quickly, the broader structure still favors downside continuation.

$ZEN (4H) — Support Retest Short
Bias: Bearish

Entry Zone: $5.95 - $6.08

Targets:
TP1: $5.75
TP2: $5.50
TP3: $5.20

Stop Loss: $6.35

Why this Setup:
ZEN continues to trade inside a clean higher timeframe downtrend after failing to sustain any meaningful recovery from the $7.80 peak region. The chart has been consistently printing lower highs and heavy sell reactions, which keeps the broader structure firmly bearish.

What stands out now is the weak consolidation near support. Instead of aggressive buyer recovery, price is barely holding above the $5.90 zone while momentum continues fading. That type of behavior often signals seller dominance rather than accumulation.

The recent bounce attempts also lack conviction — every push higher is getting absorbed quickly, suggesting liquidity is still flowing out of the market.

If ZEN loses the current base cleanly, the next downside leg could accelerate fast as the market enters a low-support area beneath the range.

$SUI (4H) — Trend Continuation Short
Bias: Bearish

Entry Zone: $1.065 - $1.085

Targets:
TP1: $1.030
TP2: $0.995
TP3: $0.950

Stop Loss: $1.115

Why this Setup:
SUI continues to respect a clear bearish higher timeframe structure after the explosive rejection from the $1.40 region. Since topping out, the chart has consistently printed lower highs and weaker recovery attempts, showing that sellers remain firmly in control.

The recent sideways movement near $1.06 doesn’t look like accumulation yet — it looks more like a pause after sustained downside pressure. Momentum has slowed, but buyers still haven’t shown enough strength to reclaim any major resistance levels.

What makes this setup interesting is the compression forming directly above support. If that floor finally gives way, downside expansion could accelerate quickly as trapped longs begin exiting positions.

Until the market proves otherwise, rallies into resistance still look like opportunities for sellers to re-enter trend continuation.

$ZEC (4H) — Weak Structure Breakdown Short
Bias: Bearish

Entry Zone: $512 - $520

Targets:
TP1: $498
TP2: $482
TP3: $460

Stop Loss: $536

Why this Setup:
ZEC continues to print a weak higher timeframe structure after failing to recover from the major rejection near the $640 region. Since that peak, the chart has consistently formed lower highs while every recovery bounce has been sold into aggressively.

The recent consolidation around $515 doesn’t look like strength — it looks more like exhaustion after prolonged downside pressure. Volatility has compressed while momentum remains weak, which often leads to another continuation leg lower once support finally gives way.

What also stands out is the lack of aggressive buyer response near the current range. Bulls are defending price temporarily, but there’s still no convincing reclaim of market structure.

If ZEC loses the local support area cleanly, downside liquidity below the range could get targeted quickly.

$CGPT (4H) — Volatility Reversal Long
Bias: Bullish

Entry Zone: $0.0380 - $0.0405

Targets:
TP1: $0.0435
TP2: $0.0468
TP3: $0.0520

Stop Loss: $0.0340

Why this Setup:
CGPT is showing one of the strongest recovery reactions on the board after the aggressive flush toward the $0.031 region. The market trapped late sellers during the breakdown, then immediately reversed with explosive momentum back above key intraday levels.

What makes this setup attractive is the reclaim of structure after high volatility expansion. Buyers stepped in hard once the panic selloff exhausted itself, and now price is attempting to rebuild above the previous breakout zone.

The chart still remains highly volatile, but momentum clearly shifted once CGPT reclaimed the mid-range. If bulls maintain pressure above $0.038, continuation toward the previous highs becomes increasingly likely.

This type of recovery structure often leads to fast follow-through once confidence returns to the market.