#Gate广场五月交易分享 BTC has fallen back from high levels and entered into divergence, is this a mid-term adjustment or a trend reversal? Let's analyze the upcoming market from several perspectives. First, look at the daily chart on the larger cycle. Recently, Bitcoin successfully broke through the previous high resistance at $79,200. After the breakout, it didn't surge straight up; instead, it experienced a quick short-term shakeout to clear out floating positions. After the shakeout, the price steadily stayed above $78,900, with a high touch near $80,900. Currently, both spot and futures have moved into the previous long-term sideways trading low zone. The overseas gap has been fully filled, and the large-scale bullish structure is particularly solid. Here’s a key takeaway: the low point of the previous long-term consolidation zone is the watershed of the market trend

BTC is holding steady at $80,149, and ETH at $2,308 is treading water. The S&P 500 quietly broke 7,400 last night to hit a new all-time high, and the Nasdaq is riding the momentum too. But the overall crypto market is moving sideways—funds are waiting for the Federal Reserve’s June interest rate decision. Only SOL is the exception: up more than 4.4% in 24 hours, breaking out strongly. Over in the next neighborhood, there’s ONDO—its contract price is up nearly 30% over 24 hours, with volume of $400 million. The US-China tariff game is still ongoing, and something happened again in Iran last night. When macro can’t provide direction, there’s always a sector that finds its own way.