U.S. stocks have risen for nine consecutive weeks, and crypto ETFs have moved 2 billion dollars. Looking back on the last day of May, the same macro environment, two different worlds.

BTC started at 74k and returned to 74k, the price didn't change, but the flow of money did. The combined ETFs of BTC and ETH saw outflows of over 2 billion USD in May. During the same period, the S&P 500 rose from 7400 to 7580. Institutions are selling coins to buy stocks, and this is the most honest report card for May.
ETH fluctuates around 2000, SOL around 80. The term "altcoin season" is no longer mentioned.
Next week, three things to watch. Whether ETF outflows have narrowed — if they stop, institutions will have finished withdrawing, and the short-term bottom might be nearby. How the FOMC will sound in June, as the interest rate story is now the only variable capable of shaking the crypto market. Can BTC hold above 73k? If that level breaks, below it is below 70k.
Honestly, what the market currently lacks isn't technical support levels. It's narratives. Without new stories, no new money.
Next week, the market is waiting for a reason. It could be a dovish FOMC, a turning point in ETFs, or just waiting quietly. The hardest part isn't losing money; it's not knowing whether to wait or not.
And I will keep holding my short position until a major crash occurs.