Tracking real-time hot topics in the crypto space and seizing the best trading opportunities. Today is Thursday, May 14, 2026. I am Wang Yibo! Good morning, crypto friends☀ Hardcore fans check-in👍 Like and get rich🍗🍗🌹🌹

==================================

💎

💎

==================================

U.S. April PPI year-over-year surged unexpectedly by 6%, the largest increase since 2022. Combined with the previous day's CPI data, inflationary pressure has accelerated from the production side to the consumer side. The market's expectation of a Fed rate hike this year continues to rise—CME FedWatch shows the probability of a rate hike before December has exceeded 30%. Meanwhile, the Senate officially confirmed Waller to replace Powell as Federal Reserve Chair, which is widely interpreted as a hawkish signal. The dollar and U.S. Treasury yields have strengthened in tandem, and the high risk-free rate has directly suppressed the valuation of high-risk assets. The crypto market weakened across the board yesterday, closing with a daily decline: Bitcoin sharply broke below the $80k psychological level, dipping as low as $78,700; Ethereum lost the critical support at $2,250, accelerating downward intraday. Derivatives markets experienced typical leveraged liquidations, with approximately $320 million in forced liquidations across the network in the past 24 hours, further amplifying the decline through long squeezes. Despite ongoing tensions between the U.S. and Iran boosting oil prices, crypto assets did not receive safe-haven buying. Pricing logic has shifted from geopolitical premiums to liquidity tightening. In the short term, Bitcoin needs to see if the $77,500–$78,000 zone can form a solid support, while Ethereum faces the test of the $2,200 integer level; before macro risks are alleviated, caution is advised when bottom-fishing. Yibo will continue to monitor macro data, institutional fund flows, and on-chain changes, providing real-time strategy updates.

==================================

💎

💎

==================================

Bitcoin's price action yesterday showed a weak pattern of “rallying then falling back, breaking support on bad news”: it oscillated upward from $80,372 in the morning, tested highs near $81,200 twice in the afternoon before facing resistance and falling back. In the evening, a sharp decline was triggered by U.S. April PPI far exceeding expectations, with the price dropping straight down to around $78,750, then entering a slight consolidation. Bitcoin has now broken below the critical psychological level of $80k, with a intraday low of about $78,700—this level is not only an integer support but also the upper boundary of a previously confirmed high-volume trading zone. The large red candle closing yesterday indicates that the daily chart has thoroughly lost this key defense line, damaging the short-term bullish structure. Technically, the 4-hour chart shows a bearish pattern with decreasing highs and accelerating lower lows, MACD bearish crossover diverging downward, RSI approaching oversold but without clear bullish divergence, indicating weak rebound momentum. The price must now face the test of the $77,500–$78,000 zone, which was a support band on the weekly chart; whether it can hold will determine the depth of this correction. Resistance above has moved down to the $79,500–$80,000 range, and a sustained move above this zone is needed to ease downward pressure. For trading, conservative traders should wait for clear bottoming signals such as a bottom candle pattern in the $77,500–$78,000 zone before considering long positions. Aggressive traders may attempt short positions with small size around $79,500–$80,000, with strict stop-losses. Given the unchanged macro liquidity tightening expectations and weak market sentiment, the short-term outlook remains bearish.

==================================

💎

💎

==================================

Ethereum's price action yesterday continued its weak pattern. It oscillated upward from $2,270 in the morning, reached a high of $2,322 in the afternoon before facing resistance and falling back. In the evening, a strong bearish move pushed the price down sharply to around $2,233, with nearly $90 of intraday volatility. Ethereum's performance was clearly weaker than Bitcoin; after breaking below the key support at $2,250, it accelerated downward, testing even lower levels intraday. Previously, Ethereum repeatedly oscillated around $2,300, revealing fatigue among bulls and difficulty in pushing higher. The inability to break through the $2,400 level persisted, with bullish momentum waning. Coupled with macro negative news (PPI exceeding expectations) and deteriorating market sentiment, the fragile balance between bulls and bears quickly shifted to a bearish dominance. Once the $2,250 support was broken with a bearish candle, technical pressure increased further. Resistance is now seen at $2,330–$2,350, with short-term moving averages aligned bearish and MACD bearish crossover diverging downward. Support below has shifted to the $2,200 level; if this is broken again, the downside could extend to the $2,150–$2,180 zone. For traders, aggressive players can attempt small short positions on rebounds around $2,250–$2,270, with stops above $2,300. Conservative traders should wait for clear stabilization signals near $2,200 (such as hammer candles or bullish divergence) before considering long entries. Overall, Ethereum remains in a short-term bearish bottoming phase, and bottom-fishing should be approached with patience.