Tracking real-time hot topics in the crypto market and seizing the best execution opportunities. Today is Tuesday, May 12, 2026. Good morning, crypto friends ☀ Iron fans check in 👍 Like, and make a fortune 🍗🍗🌹🌹



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U.S. stocks closed higher on Monday: the Dow initially gained 0.19%, the S&P 500 rose 0.19%, and the Nasdaq rose 0.1%. NVIDIA (NVDA.O), Qualcomm (QCOM.O), Intel (INTC.O), Micron Technology (MU.O), and Western Digital (WDC.O) all hit record closing highs. Yesterday, driven by the breakdown of the U.S.-Iran negotiations and the renewed escalation of geopolitical risk, the U.S. dollar and U.S. bond yields spiked and then retreated. Precious metals and crude oil rebounded strongly, but the crypto market did not follow the safe-haven assets’ big rally; instead, it carved out a “spike high and pull back” tug-of-war range: Bitcoin again tested the previous high near $82,400, then came under pressure and pulled back. Ethereum simultaneously probed toward the $2,380 area but failed to hold. All daily candles closed with upper wicks, showing that while the bulls have the intention to attack, the volume is insufficient and the supply pressure from previous highs is clear. The macro “safe-haven” backdrop provides a floor for downside space, but the technical picture shows obvious suppression in the previous-high zone. The two sides have not formed an upward synergy. Yibo will continue to track macro data, the flow of institutional funds, and on-chain changes, updating strategies in real time.

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Yesterday, Bitcoin was first driven by news and quickly pulled back to around 80210, then rebounded and surged sharply after bottoming out. It climbed to the 82400 resistance level but came under pressure and fell back, producing a typical rollercoaster pattern. After the midday session, price action turned into sideways consolidation. In the evening, the market pierced down again to retest the 80410 support level, then steadied and launched another push higher. Near the close, it tested the 82000 mark at the highest and then kept a high-level sideways range. From the technical chart, the market has been repeatedly locked in a wide 80200–82400 range, tugging back and forth; multiple attempts at selling lows were quickly bought back, while rallies repeatedly met resistance and pulled back. The bull-bear battle is fierce, and the “shakeout” moves are obvious. For now, the market is stuck in range-bound consolidation, awaiting a breakout direction.

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Yesterday, Ethereum saw a downward wick-like move in the early session due to news. Price dipped to around 2311, then quickly attracted buy orders for support and surged straight up. It spiked to the 2380 resistance level but then came under pressure and pulled back. From the midday through the evening, it maintained a sideways consolidation pattern throughout. In the evening, it slightly probed lower and retested the key support at 2302, then surged higher again. In the early morning, the highest price reached around 2345, before stopping and starting high-level consolidation. From a technical perspective, the market broadly oscillated back and forth between 2302 and 2380. Each time it probed down to support, it quickly steadied and rebounded, and each time it pushed up toward resistance, it met pressure and pulled back. The bull-bear contest on the board is intense. Moving averages and indicators are intertwined and flattening in sync, showing a clear consolidation and “range-wash” profile. There is no clear one-way direction in the short term; it remains in a range and waits for the eventual breakout choice.
BTC-0.37%
ETH-0.75%
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