#Gate广场五月交易分享 On May 3, 2026, the market experienced a volatile upward trend driven by favorable regulatory news, with Bitcoin stabilizing above $78,000 and Ethereum performing relatively strongly. Legislation breakthroughs for stablecoins injected confidence into the market, but technical resistance remains evident.


Core driving factors: The game over the profit distribution rules for stablecoins has cleared the way for the "CLARITY Act," reducing regulatory uncertainty risks. Spot Bitcoin ETF capital inflows increased to $629.7 million, with institutional demand rebounding.
There are new developments in US-Iran negotiations, with Iran proposing a 14-point negotiation plan. Bitcoin's dominant position remains above 60%, and the trend model remains bullish. CME announced the launch of 24/7 cryptocurrency futures and options trading on May 29.
Trading strategy: The current market is in a "high-level range-bound consolidation," with BTC in the overall range of $74,000-$79,000. It is recommended to control positions at 50-70%, focusing on key support and resistance levels (BTC $77,000-$79,400; ETH $2,290-$2,350), engaging in high sell and low buy, with strict stop-loss.
Pay close attention to the breakthrough of the resistance zone at $79,400-$80,000; if successfully broken, the market may enter a new upward phase.
Disclaimer: The above analysis is based on public market data and does not constitute investment advice. Cryptocurrency markets are highly volatile; invest cautiously.
BTC0.39%
ETH0.94%
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