XinHuo Research Institute: Bitcoin stabilizes above 80k, market analysis officially shifts from "high cost-performance" to the "cost-performance" range

May 6 News, Bitcoin has effectively stabilized at a key level of $77k in early May and broke above $80k, hitting a three-month high. This trend precisely validates the ongoing reminder from Xinhuo Research Institute since February this year about the “high cost-performance range.” At that time, Bitcoin was fluctuating between $60k and $70k, and market sentiment was shrouded in panic, while the institute was the first to define the existence of a price trough. After two months of bottoming out, the price gaps caused by earlier panic have been mostly filled. Based on this, Xinhuo Research Institute officially upgraded Bitcoin’s market status from “high cost-performance range” to “cost-performance range,” marking a shift from “oversold recovery” to “trend confirmation.”
The aftershocks of geopolitical tensions have not blocked the release of institutional dividends. Although macro-level geopolitical conflicts are frequent, including disputes over Iranian missile attacks on ships and potential Israeli strikes, the crypto market is gradually becoming “desensitized” to such disturbances. The number of initial jobless claims in the U.S. in early April hit a new low since 2022 (189k), reflecting a resilient economic fundamental. Although there is a 50% probability that interest rates will remain unchanged at the end of the year, breakthroughs in policy are more significant in the long term: the Clarity Act reached a compromise on stablecoin yield distribution, allowing companies to offer rewards but prohibiting idle balances from earning interest; the SEC’s simplified disclosure requirements, combined with the New York Stock Exchange’s active applications for tokenized securities trading, together build a compliant regulatory firewall.