Jingyi's Long-Term Strategy: Short-term fluctuations do not change the overall long-term trend. The pullback next week is a golden opportunity for positioning. Jingyi's long-term holdings have been pre-placed, waiting for the market to ignite!

Three core events, short-term disturbances, long-term support

1. China-U.S. Summit (5.14): Short-term negative impact, long-term positive environment
The China-U.S. summit next week may quickly exhaust short-term gains, leading to a synchronized pullback in U.S. stocks and Bitcoin. Wednesday is a turning point for short-term sentiment. However, in the long run, easing trade tensions and reducing global uncertainty from the summit will open space for risk assets to rise, and the pullback is a long-term accumulation opportunity.

2. Federal Reserve Policy Chain (5.11-5.13): Hawkish pressure in the short term, rate cuts expected in the second half
Mid-May sees the Fed Chair vote, CPI, PPI, and minutes release intensively. Short-term hawkish expectations may suppress crypto prices. But the high inflation trend is easing, and rate cuts in the second half are highly certain. Liquidity easing expectations will eventually ferment, and the long-term bullish logic for Bitcoin remains intact.

3. Middle East Geopolitical Conflict: Short-term inflationary negative impact, long-term risk hedging reinforcement
Ongoing Middle East conflicts push oil prices higher and elevate inflation expectations, temporarily suppressing the Fed's rate cuts and negatively impacting Bitcoin. However, as "digital gold," Bitcoin's safe-haven value is increasingly evident. The longer geopolitical turmoil lasts, the more capital will allocate long-term to Bitcoin for risk hedging, buffering short-term declines and solidifying the long-term bottom.

Long-term Market Outlook: Corrections are building strength; 70k is just a relay, new highs are still possible

Core trend: Bitcoin's drop from 83k is a high-level shakeout during the bull market, not a trend reversal. The daily bullish structure remains intact, long-term holders' chips are stable, and institutional (ETF) inflows continue steadily.

Correction target: Next week's pullback should focus on strong support at 77,000, with extreme levels around 74,000–75,000. 70k is an absolute long-term bottom zone with very low probability of breaking.

Future space: After a full correction stabilizing at 77,000–74,000–75,000, strong support at 70,000, bulls will resume their upward attack. Mid-term breakthrough of 83k and testing 88,000–90k is highly probable.