The digital financial market and Bitcoin over the past 24 hours (up to the morning of May 5th, 2026) have witnessed exciting movements as they successfully broke through key resistance levels.

Below is a detailed analysis of the main developments:
1. Bitcoin (BTC) Price Movement: The $80,000 Milestone Conquered
After a period of consolidation around the $78,000 - $79,000 range, Bitcoin has officially broken through strongly:
Current Price: Bitcoin has surpassed the $80,000 mark, reaching its highest level in the past 3 months.
Growth Momentum: Over the past 24 hours, BTC has recorded a stable increase, pushing the total cryptocurrency market capitalization to approximately $2.65 trillion (up 1.67%).
Liquidation Zone: Data from CoinGlass suggests that if the bullish momentum pushes the price above $84,000, a massive liquidation order worth over $2.85 billion across the market could be triggered, creating a "short squeeze" that pushes the price further down.
2. Market Drivers (Catalysts)
The market is rising thanks to the combined effect of both legal factors and institutional capital flows:
Legal (Clarity Act): News of a compromise agreement in the US Senate regarding the stablecoin stabilization bill (Clarity Act) has removed a major hurdle for platforms like Coinbase. This has boosted crypto stocks and the overall market.
ETF Inflows: US Bitcoin ETFs have recorded positive net inflows in 11 out of the last 14 days. On May 1st alone, net inflows exceeded $629 million, indicating that institutional buying remains dominant despite high prices.
The Rise of AI Tokens: Cryptocurrency projects combined with artificial intelligence (AI) are leading the growth wave this time, alongside Bitcoin.
3. Correlation with Other Financial Markets
Gold Market: In contrast to Bitcoin, world gold prices are under immense pressure, falling sharply to around $4,500/ounce due to a stronger US dollar and geopolitical tensions (US-Iran) raising inflation concerns, making it difficult for the Fed to ease interest rates.
Stock Market (VN-Index): Domestically, the VN-Index closed the most recent session at 1,854 points, almost unchanged. Capital flows were strongly divergent, with foreign investors continuing their net selling trend in blue-chip stocks.
Technical Analysis & Strategy & Strategy
With Bitcoin having confirmed a breakout above the psychological resistance level of $80,000:
Positive Scenario: If the candle closes above this level, the next target will be $84,000, and further to the $90,000-$92,000 range in May.
Risk Note: The RSI is currently quite high (around 63.5), indicating that the upward momentum is showing signs of overheating in the short term. Investors should observe the new support level at $79,000.
The market is in a "buy on the rise" phase (chasing the trend) instead of waiting for a correction, showing that FOMO (fear of missing out) is gradually returning. You should pay attention to the fluctuations of the DXY index, as the strengthening of the USD could be the biggest obstacle to the sustainable upward momentum of digital assets at this time.
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