Bitcoin hovers around $80,350, not breaking the $82k resistance, with ETF cost basis, 200-day moving average, and CME gap overlapping. The CLARITY Act passes the Senate, regulatory optimism, institutional funds continue to flow out, with a net outflow of about -$88 million per day on the 7th. U.S. Treasury yields rise, the 10-year yield is about 4.52%, April CPI year-over-year is 3.8%, rate cut expectations are delayed, geopolitical conflicts push energy prices higher. Options show resistance at $82k-$84k, with $77k as a key support; if it falls below and leverage has not decreased, it may enter a deleveraging phase.

MeNews

2026-05-24 18:01:07

Abstract generation in progress

ME News message, May 15 (UTC+8): The price of Bitcoin remains around $80,350, up only 0.8% in the short term, and continues to face pressure after multiple failed attempts to break through the $82,000 resistance level. This range is regarded as a confluence of overlapping resistance from the ETF cost basis, the 200-day moving average, and the CME gap fill area. Although the U.S. CLARITY Act has been passed by the Senate Banking Committee, bringing positive expectations for crypto regulation, institutional funds are still withdrawing. Data shows that the 7-day average net outflow from U.S. spot Bitcoin ETFs has fallen to -$88 million per day, the largest outflow since mid-February. Analysts believe this wave of selling pressure is more about “profit-taking” rather than panic selling. On the macro front, rising U.S. Treasury yields remain the main source of pressure. The yield on the 10-year U.S. Treasury has risen to approximately 4.52%, reaching a 10-month high, while April’s CPI rose 3.8% year-over-year—the highest level in three years—further delaying market expectations for Fed rate cuts. Analysts note that geopolitical conflicts have pushed energy prices higher, intensifying inflation pressures and thereby weakening the appeal of risk assets. On institutional views, some analysts believe the current ETF fund outflows reflect portfolio rebalancing rather than a trend of retreat. The options market indicates that Bitcoin faces clear resistance in the $82,000–$84,000 range, while $77,000 is a key support level. If the price falls below this range and leverage is not cooled down, the market may enter a deleveraging phase, increasing the risk of a pullback. (Source: ChainCatcher)

BTC0.21%

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TheBluePeony'sProphecy

· 16h ago

Leverage not reduced is a hidden danger; once the liquidation chain is triggered, it causes a surge.

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MetalRoboticArm

· 17h ago

Waiting for a volume breakout or a volume breakdown, I'm too conflicted right now.

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AirdropSidequest

· 17h ago

The 82k level is really frustrating.

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QuantizedDaydream

· 17h ago

Geopolitical conflicts push up oil prices, and stagflation risks have risen again.

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LimeLeverageAlert

· 17h ago

CLARITY passed the Senate, but the market's reaction was very lukewarm, are the positive signals exhausted?

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Don’tLetTheLiquidationAlarm

· 17h ago

CPI 3.8% still lowering interest rates, September is still uncertain

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UnderTheWisteriaBridge

· 17h ago

If 77k can't hold, I can't imagine the leverage liquidation scene.

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MoonlightMarketMaking

· 17h ago

The 10-year bond yield is at 4.52%, and tightening liquidity is not friendly to risk assets.

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RugpullTherapist

· 17h ago

200-day moving average + gap + cost line, three layers of resistance stacked together, hard to withstand

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Analysis: Bitcoin fluctuates between regulatory favorable news and rising yields, with continuous ETF outflows putting downward pressure on the price.

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