On May 26th from 9:00 to 22:00, the overall market experienced a wide-ranging oscillation pattern of "initial decline then stabilization, evening rally followed by pullback." Bitcoin briefly dipped to around 76,434 during the day, then funds gradually flowed back in the afternoon, pushing the price back above 76,800. In the evening, driven by the sentiment from the US stock market opening, prices surged rapidly, reaching a high of around 78,077, but faced obvious resistance at high levels, then retreated to consolidate around 77,000. The "Auntie" token moved in sync, dropping sharply to around 2,083 before gradually recovering, with a high of about 2,139 in the evening, showing stronger performance overall compared to the daytime.

From the capital perspective, the market was quite cautious during the day, with trading volume not continuously expanding, but during the evening rally, short-term funds clearly started to chase, indicating some funds re-entered the risk market. However, the willingness to chase high remains cautious, and after leveraged long positions concentrated, signs of a pullback after a surge are evident.

Technically, Bitcoin's MACD formed a golden cross at a low level and continued to rebound, but there is heavy selling pressure above 78,000; the KDJ entered a high-level stagnation, and RSI reapproached the strong zone, indicating a short-term phase of long-short contest. "Auntie" maintained a relatively strong linked structure, with 2,100 becoming an important short-term support.

On the news front, after the US stock market opened, tech stocks regained optimism, providing short-term momentum for the crypto market, but there are still disagreements about the future macro interest rates and the sustainability of funds. Overall, the current market remains in a high-level oscillation and recovery phase, with short-term volatility significantly increasing, and funds tending to move in and out quickly. $BTC $ETH