#Gate广场五月交易分享 Cryptocurrency legislation expectations boost bullish sentiment! Bitcoin returns to the $80k mark. Bitcoin breaks above $80,000 for the first time in three months, while Asian stock markets approach record highs. The world's largest cryptocurrency rose 2.1% on Monday to $80,594, hitting the highest level since January 31. Other smaller tokens, including Ethereum, also gained. As cryptocurrencies rise, the MSCI (159577) Asia stock index is approaching the record high set in February. Last week, tech companies' earnings exceeded expectations, boosting investors' risk appetite and driving a market rebound. Currently, the market is digesting conflicting signals regarding the Iran situation. U.S. President Trump stated that the U.S. will begin guiding ships unrelated to the conflict through the Strait of Hormuz, but a senior Iranian official warned that the Iranian government would view any U.S. intervention in the strait as a violation of the ceasefire agreement. Bitcoin hit a record high slightly above $126,000 in October last year, followed by months of downturn, dropping to around $60,000 in February. Since then, the token has gradually recovered, partly due to improved institutional demand. Data shows that U.S. Bitcoin exchange-traded funds recorded a net inflow of $630 million last Friday. Sean McNulty, Head of Derivatives Trading in Asia-Pacific at FalconX, said that institutional activity in the derivatives market indicates "high confidence in Bitcoin reaching $85,000 mid-month." Richard Galvin, Executive Chairman of crypto investment firm DACM, said that market optimism about the U.S. possibly reaching an agreement on key stablecoin yield terms has also boosted traders' confidence, potentially paving the way for crypto policy advancement in the Senate. He added that it is still in the "early stages," but $80,000 has always been an "important psychological threshold." As of press time, Bitcoin has given back some gains, trading slightly above $80,000. Caroline Molron, co-founder of Orbit Markets, said that a clear breakthrough above $80,000 would provide "further upward momentum for this type of asset."

5.5 Tuesday Zhongling Gold Silk Dew Sharing At the 4-hour level, all indicators move in sync to weaken. Both MACD and KDJ lines continue their downward trajectory, and bearish momentum continues to release. The gold price is under long-term pressure below the key resistance, leaving extremely limited room for rebound. The current low-level sideways consolidation is a typical downtrend continuation pattern. After a brief pullback and consolidation, the downside space will open further. Recommendation: enter at 4580-4595, target 4530-4505, and if the level is broken, look toward 4450 $BTC $ETH #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍 #美联储利率不变但内部分歧加剧

$ETH is about to plummet