Crypto_Xincheng

May 17 $BTC Comprehensive Market Analysis
News:
U.S. inflation data (PPI/CPI) higher than expected, pushing up U.S. bond yields, putting pressure on risk assets. The stock market (such as the S&P 500) declined, combined with other factors, causing BTC to fall below $80,000 around May 15, triggering a large number of long liquidations (about $581 million, BTC dominant).
The CLARITY Act advancing in the Senate is a positive development, but it did not immediately boost prices. The strategy plans to buy back debt, possibly financed by selling BTC, increasing potential supply pressure.
The Fear &

Daily Learning 👁 — Put-Call Ratio
It is a classic on-chain indicator of $BTC , mainly used to assess the market cycle position from the perspective of miner profitability.
1. Indicator definition and calculation method
Put-Call Ratio = Daily Bitcoin issuance value ÷ 365-day moving average of daily issuance value
- Daily issuance value: The BTC mined that day (block reward + some transaction fees) multiplied by the current BTC price, representing miners' main income for the day.
- 365-day moving average: Represents the average income level of miners over the past year.
Simply put, this ind

Daily Learning 🤠🤑 — Two-Year MA Multiplier Indicator
This tool is essentially a long-term valuation + a reference for buy/sell timing, designed based on Bitcoin’s 4-year halving cycle:
1. Below the green line = Extremely undervalued (bottom-fishing buy zone)
- Historically, when BTC’s price falls below or is close to the two-year moving average, it is almost always the bottom of a bear market
- Examples: Near the lows in 2011-2012, 2015, 2018-2019, 2022-2023
- Buying in these zones and holding long-term can usually achieve extremely high returns
2. Above the red line = Overvalued /

May 15 $BTC Comprehensive Market Analysis
News:
On May 14th, the U.S. Senate Banking Committee advanced the review and voting of the CLARITY Act (Cryptocurrency Regulatory Clarity Act), which is seen as an important step for the U.S. to incorporate cryptocurrencies into the mainstream regulatory framework, directly boosting market optimism. Bitcoin thus quickly surged to $82,000, and related stocks also strengthened.
In addition, the market is paying attention to Trump's visit to China (May 14-15) and macro geopolitical factors, but the progress of the CLARITY Act was the most direct positive

Just after the meeting, approval was granted for 10 Chinese companies—including Alibaba—to purchase NVIDIA’s H200 chips (with no deliveries made yet) 🚀
But this is not a full lifting of restrictions; it is a limited, controlled commercial loosening. Although the H200 is NVIDIA’s second-tier high-performance AI chip, the core logic of the U.S.’s 🇺🇸 chip export controls to China since 2022—preventing cutting-edge technology from helping military AI—has not changed. This license comes with clear limits and requires case-by-case review, showing that the U.S. is leaving some commercial room with

👀Daily Learning — Market Cap Share
Left Y-axis (USD): Shows Bitcoin Price (BTC Price), range 0 ~ $140,000
Right Y-axis (Percentage): Shows the market cap share of various tiers of cryptocurrencies (percentage of total crypto market cap), range approximately 13% ~ 31%
1. Bitcoin Price (orange-yellow line):
① Slowly rising from the end of 2023 to early 2024.
② A clear bull market appears from late 2024 to mid-2025, with the price rapidly climbing from over $60k to above $120k.
③ After peaking between August and November 2025, it pulls back, currently oscillating and rebounding in the $70,000–$8

May 14 $BTC Comprehensive Market Analysis
News:
The key event yesterday was the U.S. PPI data far exceeding expectations (annual rate about 5.2%-6%, expected only 4.3%), triggering market concerns that the Federal Reserve may delay interest rate cuts, directly suppressing risk assets, with Bitcoin weakening in tandem with U.S. stocks and tech stocks.
Trump - Summit (Beijing talks) involved tariffs, rare earths, Middle East issues, market expects potential positive news for risk assets, but short-term expectations were not met.
CB CEO positive statement on the Senate crypto bill approaching a

👀The ETH/BTC exchange rate has hit a new low again
First, let’s understand what it represents❓
ETH/BTC is the price ratio of Ethereum relative to Bitcoin—i.e., 1 ETH ≈ how many BTC
ETH/BTC rising💹 → Ethereum outperforms Bitcoin (ETH has a larger upside, or a smaller downside). If Ethereum is stronger than Bitcoin, it means market funds are continuously flowing from BTC to ETH, and not the other way around
ETH/BTC falling📉 → Ethereum underperforms Bitcoin (ETH has a smaller upside, or a larger downside). If Ethereum is weaker than Bitcoin, it means Bitcoin dominates the market, and ETH is

May 13 $BTC Comprehensive Market Analysis
🌞 News:
Last night, CPI was hotter-than-expected, short-term negative but not fatal
Energy index contributed significantly, overall inflation accelerated compared to March, and market expectations for Fed rate cuts have been further delayed.
After the CPI release, U.S. stock futures slightly declined, U.S. Treasury yields rose, Bitcoin faced short-term pressure, dropping over 2% during yesterday’s session, accompanied by a $320 million leveraged long position liquidation.
The inflation rebound is mainly driven by energy, not a complete out-of-control

The US April CPI data will be announced tonight at 8:30 PM. Let's make a bold prediction~🤌
CPI Year-over-Year: Expected 3.7%~3.8% (Market consensus 3.7%, previous 3.3%), possibly slightly above expectations
CPI Month-over-Month: Expected 0.6%~0.7% (Consensus 0.6%, previous 0.9%)
Core CPI Month-over-Month: Expected 0.3% (Consensus 0.3%, previous 0.2%)
Core CPI Year-over-Year: Expected around 2.7%~2.8% (consistent with recent trends)
Overall, CPI is likely to meet or slightly exceed consensus, mainly driven by soaring energy prices; core CPI remains moderate, in line with no wage-price spiral e

May 12 $BTC Comprehensive Market Analysis
News:
U.S. President Trump stated yesterday that he is considering restarting the free plan, geopolitical tensions (such as Iran-related news) caused short-term volatility, but Bitcoin's digital gold attributes became evident, leading to a quick rebound. In the overall macro environment, institutional and corporate buying provides support.
Capital:
ETF and institutional funds: Despite daily outflows fluctuations, the cumulative inflow in May remains positive (about $635 million MTD), combined with increased corporate holdings, forming a supply contrac

May 8 $BTC Comprehensive Market Analysis
News:
Consensus 2026 Conference (May 5-7): During the conference, Fundstrat Chief Analyst Tom Lee explicitly announced "the end of the crypto winter," emphasizing that Bitcoin has risen for three consecutive months (March +1.8%, April +12% to about $77,000, and May has approached $81,000). If the May closing price stays above $76,000, it will officially confirm the start of a new bull market.
White House Digital Asset Advisor Patrick Witt stated that the Senate Banking Committee may push forward the crypto market structure bill "markup" in May, with ma

May 7 $BTC Market Overview and Analysis
News:
U.S. Strategic Bitcoin Reserve (SBR) update: White House Digital Asset Advisor Patrick Witt stated at the Consensus Miami conference that details of the strategic Bitcoin reserve will be announced in the “coming weeks,” following the recent asset custody incident involving the U.S. Treasury highlighting the need to protect federal crypto holdings, which is a long-term positive for BTC’s position as a national asset.
Geopolitical easing: Iran’s peace agreement hopes to trigger a 6% plunge in oil prices, with risk assets (BTC, Nasdaq futures) rising

May 6 $BTC Comprehensive Market Analysis
#BTC showed a strong rebound momentum yesterday, successfully breaking through and stabilizing above the $80,000 psychological level, reaching a new high since January 2026🛫🚀
News:
Yesterday, the market was boosted by optimistic regulatory sentiment in the US, including potential progress on the crypto market structure bill (such as the markup possibly in May) and a rebound in overall institutional interest. @MicroStrategy reported a huge Q1 loss and adjusted its "never sell" strategy, but Bitcoin itself showed strong independence from macro rate exp

May 5🈷️5th $BTC Comprehensive Market Analysis
News:
Yesterday, sudden military clashes between the US and Iran caused the market to fluctuate back and forth. Trump stated that if Iran takes action in the Strait of Hormuz, it will be wiped off the face of the Earth.
There were no other major negative events impacting the market yesterday. On the contrary, Bitcoin broke the four-year "May always falls" historical pattern, stabilizing above $77,000 in early May and continuing to rise.
The White House's crypto advisor recently signaled the push for the "Crypto Market Structure Act" in May, combi

😂 Iran missile? Bitcoin first took a "liquidation missile" hit!
U.S. senior officials just came out to clarify: 🇺🇸 The ship was not hit by Iran, but the oil price immediately surged to $108/$112, and Morgan Stanley calmly said "Tech earnings reports are more intense than war"...
An hour later, the entire network experienced a $75 million liquidation, with $68 million in long positions wiped out, BTC alone exploded with $26.94 million in one hour, ETH with $19.94 million!
🤔 I’m familiar with this script: When geopolitical tensions emerge, retail investors collectively go into a daze and go

May 4th $BTC Weekly Market Analysis
This week's news:
① May 5-7 Consensus 2026: One of the largest crypto conferences in 2026, focusing on DeFi, institutional adoption, regulation, and Web3. This is a key window for restarting institutional narratives; historically, similar conferences often lead to a short-term increase in risk appetite.
② May 5 U.S. JOLTS Job Openings Data: Labor market data that directly influences Federal Reserve rate cut expectations.
③ @MicroStrategy plans to release Q1 2026 earnings and hold an online briefing on May 5.
④ @Coinbase will release Q1 earnings and hold an