Tracking real-time hot topics in the crypto world and seizing the best trading opportunities. Today is Saturday, May 2, 2026. I am Wang Yibo! Good morning to all crypto friends☀ Hardcore fans check-in👍 Like and make big money🍗🍗🌹🌹



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Overnight, the US stock market showed a clear divergence pattern, with the Dow Jones slightly down 0.31%, while the S&P 500 and Nasdaq rose 0.29% and 0.89% respectively. Tech stocks like Apple, Sandisk, and Intel surged strongly on impressive quarterly reports, with Intel reaching a new closing high. This week, the S&P and Nasdaq achieved six consecutive weeks of gains, the longest streak since October 2024, reflecting market preference for tech growth assets. Meanwhile, the US dollar index remained weak, crude oil prices fell, easing inflation pressures. Gold maintained a stable oscillation, and overall global macro liquidity environment became more relaxed. Risk appetite continued to warm up, with the spillover effect of strong tech stocks, a weaker dollar, and cooling inflation expectations creating multiple positive resonances, further supporting the macro environment for cryptocurrencies. The subsequent crypto market is likely to continue its upward and correlated trend. Yibo will keep tracking the implementation of Federal Reserve policies, institutional fund flows, and on-chain data changes, providing real-time updates on layout strategies and target asset dynamics.

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Bitcoin showed a slightly strong upward trend yesterday, steadily rising from support at $76,000 in the early session, reaching a high of $77,400 at midday, then briefly consolidating before pushing higher again. In the evening, it touched a high near $78,800 before encountering resistance and pulling back. Currently, it is oscillating around $78,000. Technically, the price successfully broke above the 4-hour resistance level but faced significant resistance at the rising trendline. Short-term bullish momentum has weakened. As the weekend approaches, market liquidity tightens, and volatility is further compressed. The chart is likely to remain in a narrow range, with key resistance at $78,500–78,800 and support at $77,000–76,500. In the short term, focus on buying low and selling high within the range, waiting for a volume breakout to clarify the next direction.

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Ethereum showed a sideways upward trend yesterday, gradually rising from $2,250 in the early session, reaching $2,290 at midday before consolidating. In the evening, influenced by the high opening of US stocks, it surged again, peaking at $2,324 before pulling back. Currently, it is oscillating around $2,290. Technically, a clear converging pattern (triangle) has formed on the 4-hour chart, with the upper resistance gradually moving down and the lower support steadily rising. The bulls and bears are cautious, and there is a need for further retracement to test lower levels. Short-term bullish momentum has weakened. Focus on resistance at $2,310–2,324 and support at $2,250–2,270. Overall, it is in a consolidation phase, waiting for a volume breakout to determine the next trend.
BTC2.35%
ETH1.62%
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LuckyTreasure133
· 1h ago
Steadfast HODL💎
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FuLuBao
· 1h ago
Steadfast HODL💎
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