Tracking real-time hot spots in the crypto world and seizing the best trading opportunities. Today is Thursday, May 21, 2026. I am Wang Yibo! Good morning, crypto friends☀ Hardcore fans check-in👍 Like and get rich🍗🍗🌹🌹



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Yesterday, news that the US-Iran negotiations entered their final stage dominated macro sentiment. Market expectations for a deal increased, the US dollar index retreated from a six-week high, the 10-year US Treasury yield slightly declined, gold rebounded to recover $4,540, and international oil prices plummeted nearly 5% due to easing supply concerns. US stocks closed higher across the board, led by tech stocks (Nvidia, Intel, etc.), with overall risk appetite improving. However, the crypto market did not follow traditional risk assets higher; Bitcoin and Ethereum remained in narrow sideways ranges, volatility continued to narrow, and neither bulls nor bears showed a willingness to break out. The reasons are twofold: on one hand, geopolitical easing is favorable for risk sentiment, but the sharp drop in oil prices weakened some inflation hedging demand; on the other hand, the Federal Reserve’s policy path remains uncertain, and funds are holding back ahead of major macro events (such as the US-Iran deal implementation, Nvidia earnings reports). In the short term, the crypto market lacks independent driving forces and is likely to continue oscillating within the current range, awaiting new catalysts. Operationally, it is recommended to maintain a high sell and low buy strategy within the range, patiently waiting for a clear direction. Yibo will continue to monitor macro data, institutional fund flows, and on-chain changes, providing real-time strategy updates.

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Yesterday, Bitcoin rebounded slightly from a low of $76,100, tested $77,800 during midday but faced resistance, remaining in a range-bound tug-of-war; during the evening, it repeatedly dipped near $77,000, closing with lower shadows, indicating strong buy support below. However, during the rebound, trading volume continued to shrink, showing a lack of enthusiasm for chasing higher, with the rally driven more by short covering than active buying. The 4-hour Bollinger Bands are tightening, with the channel width compressed to recent extremes, signaling an imminent trend reversal; short-term moving averages (MA7/30) repeatedly entangle around $77,200–$77,500, with no clear direction. MACD lines are below zero, converging and flattening, with weak red and green histograms, RSI hovers around 45, indicating a temporary balance between bulls and bears. Resistance above is focused on $77,500–$77,800; only a volume-supported breakthrough of this zone can open the path toward testing $78,500. Support is concentrated at $76,600–$77,000; if volume-supported breakdown occurs, bears may retest the previous low of $76,100. Operationally, it is advised to buy low and sell high within the $76,600–$77,500 range, with strict stop-losses, patiently waiting for volume breakout confirmation before following the trend.

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Yesterday, Ethereum started its rebound from the low of $2,095 the day before. It oscillated within a small range in the morning, gradually strengthened after midday, reaching a high of around $2,148 in the evening, then fell back into consolidation, currently trading near $2,120, with no clear breakout. From the 4-hour chart, the price was resisted and pulled back near the middle Bollinger Band (around $2,145), which remains downward sloping, indicating the downtrend has not yet been reversed; short-term moving averages (MA7/30) are entangled around $2,120–$2,135, with no clear trend. MACD lines are below zero, with a recent golden cross flattening, weak red histograms, showing limited rebound strength, and bulls have not gained significant volume. RSI hovers around 45, in a neutral to slightly weak zone. In terms of volume, the rebound yesterday did not see significant increase, indicating low market participation, with the rally mainly driven by short covering. Resistance above remains at $2,145–$2,155; only a volume-supported break above this zone can open the space toward $2,180–$2,200. Support is at $2,095–$2,110; if broken again, bears may test the previous low of $2,075–$2,080. Overall, Ethereum remains in a low-range correction phase, with no clear direction. It is recommended to operate within the $2,100–$2,150 range, patiently waiting for volume breakout confirmation before following the trend.
PAXG0.73%
BTC0.31%
ETH-0.1%
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DragonLookingUp
· 3h ago
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BullAndBearBattle
· 5h ago
CITIC Securities' research released on May 20th shows that as the US-Israel-Iran conflict disrupts shipping through the Strait of Hormuz, global crude oil inventories have fallen to historic lows. US refined product prices have reached multi-year highs, while many energy-importing regions in Asia may face supply shortages. The market is hopeful that previous excess inventories, exemptions from sanctions on Russian oil, and strategic petroleum reserve releases by multiple countries will help buffer the pressure.
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FuLuBao
· 6h ago
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LuckyTreasure133
· 7h ago
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BornForAmerica3913
· 7h ago
CITIC Securities' research released on May 20th shows that as the US-Israel-Iran conflict disrupts shipping through the Strait of Hormuz, global crude oil inventories have fallen to historic lows. US refined product prices have reached multi-year highs, and several energy-importing regions in Asia may face supply shortages. The market is hopeful that previous excess inventories, exemptions from sanctions on Russian oil, and strategic petroleum reserve releases by multiple countries will help buffer the pressure.
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