Tracking real-time hot topics in the crypto world and seizing the best trading opportunities. Today is Friday, May 29, 2026. I am Wang Yibo! Good morning, crypto friends☀ Iron fans check-in👍 Like and get rich🍗🍗🌹🌹



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The crypto market yesterday experienced a breakdown and decline under multiple macro pressures: Bitcoin fell below the 73,500 level, with a low around 72,500; Ethereum lost the psychological 2,000 support, touching a low of 1,963. On the macro front, the U.S. April PCE inflation rate hit a three-year high, and the dollar and U.S. bond yields remained strong, exerting continuous pressure on risk assets. Meanwhile, news about U.S.-Iran negotiations was “full of twists and turns” — initially reports indicated a 60-day understanding memorandum, which was later denied, with Trump clearly setting “red lines,” and geopolitical uncertainties have not truly dissipated. Gold rebounded from a two-month low, but the crypto market did not follow, instead continuing its independent weakness, indicating that current crypto capital’s risk aversion is significantly weaker than gold, mainly constrained by liquidity tightening and leverage unwinding. Yibo will continue to monitor macro data, institutional fund flows, and on-chain changes, providing real-time strategy updates.

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Yesterday, the crypto market continued its bearish dominance, with Bitcoin breaking down from above 73,500, reaching a low of 72,553; Ethereum lost the 2,000 level again, dropping to 1,963, both hitting recent lows. The 4-hour Bollinger Bands (30,2) show the price sharply breaking below the lower band, indicating an extreme oversold condition, but the moving average system shows bearish divergence, with weak rebound strength, still in short-term weakness correction. Key levels: Bitcoin resistance above 73,500-73,800, support at 72,500-72,000; Ethereum resistance at 2,020-2,050, support at 1,960-1,920. In terms of operation, if the rebound does not break resistance, focus on shorting from the highs; if there is a sharp decline to support areas, consider light long positions to attempt a recovery, strictly controlling positions to prevent pin risk.
BTC-0.17%
ETH-0.79%
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RyoSaeba
· 05-29 14:06
Thank you for the update
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币圈里看人生
· 05-29 05:12
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ContractWarGod,Charge!
· 05-29 01:37
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Ryakpanda
· 05-29 01:29
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Ryakpanda
· 05-29 01:29
Get in quickly!🚗
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Ryakpanda
· 05-29 01:28
Just charge forward 👊
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FuLuBao
· 05-29 01:06
Thank you, teacher, for sharing! Wishing: the teacher gets rich. Wishing: all friends get rich💰💰💰
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LuckyTreasure133
· 05-29 00:55
Thank you, teacher, for sharing! Wishing: the teacher gets rich. Wishing: all friends get rich💰💰💰
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DragonLookingUp
· 05-29 00:48
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BullAndBearBattle
· 05-29 00:33
Thank you, teacher, for sharing! Wishing: the teacher gets rich. Wishing: all friends get rich💰💰💰
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