The digital financial market over the past 24 hours, up to this morning (May 22, 2026), has seen a crucial period of psychological stability, ending a series of massive sell-offs thanks to positive signals from both the macroeconomic environment and major corporations.

Below is a detailed analysis of the overall market:

1. Bitcoin (BTC) Price Movement – ​​Double Bottom Pattern Formation

After experiencing strong downward pressure that pushed the price down to the $76,670 region, Bitcoin successfully triggered bottom-buying demand and is currently trading sideways in a stable manner.

Current price: Trading around $77,430 (approximately 2.046 billion VND).

Derivative price behavior: Bitcoin is establishing a short-term double bottom structure around the $77,000 region. This is currently the most important psychological "shield" that the bulls (buyers) need to protect at all costs if they don't want the trend to reverse sharply downwards to the $73,000 - $75,000 range.

Technical challenge: Direct short-term resistance lies at $78,100 (the average buying price of short-term holders - STH). The price has been rejected three times here today, indicating that the bears (sellers) are still placing quite a lot of stop orders.

2. Directly impacting macroeconomic factors

Today's stability in digital assets is largely due to the easing of pressure from traditional markets:

Easing geopolitical tensions: US President Donald Trump signaled that negotiations between the US and Iran are entering their final stages. This eases concerns about shipping disruptions in the Strait of Hormuz that have been ongoing since March.

Inflationary pressure eases: WTI crude oil prices immediately cooled down to below $99/barrel after the news. The drop in oil prices reduces the risk of inflation returning, creating room for the Fed's monetary easing policies during the upcoming top leadership transition.

Selling pressure from ETFs slows down: After a series of record outflows earlier in the week (a $648 million sell-off on Monday and $331 million on Tuesday), the outflow from Spot Bitcoin ETFs has significantly decreased, recording a loss of only $70 million yesterday.

3. Short-term outlook

The market is currently in a "temporary ceasefire." Spot trading volume on exchanges remains relatively weak as large institutional investors are choosing to observe the reaction to the $77,000 price level.

Positive scenario: If the level holds firmly above $77,000 and triggers spot buying volume to break through the $78,100 resistance, the upward momentum will extend to the $80,000 region.

Negative scenario: A daily candle close below $77,000 would confirm sellers taking control, with the next correction target being $73,500.

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