🔺 I. Mainstream Coin Prices Rally Strongly
Bitcoin (BTC)
Latest Price: Approximately 81,640 – 82,000 range
Hit a 14-day high, rebounding more than 7.6% from the April 30 low of $75,436
Monthly gain reaches 20.17%, but still down 16.12% year-over-year
Ethereum (ETH)
Latest Price: 2,367 – 2,390 range
Up 15.35% month-over-month, and up 29.15% year-to-date
Following BTC’s strength, benefiting from an active on-chain ecosystem and expectations for technological iteration
Other Mainstream Coins
SOL, XRP, DOGE, BNB, etc. generally follow the rise, with SOL’s single-day gain exceeding 5%
💥 II. Shocking Liquidation Data: Shorts “Wiped Out”
According to CoinGlass data (within the 24 hours as of May 6):
Total number of liquidated positions across the market: 124,613 people
Total liquidation amount: $552 million
Of which, short liquidations: $440 million (about 80%)
The largest single liquidation occurred on the Hyperliquid platform, valued at $13.02 million
A typical “short squeeze” market scenario has emerged—rapid price appreciation forces the closure of a large number of short positions, further fueling the rally
📈 III. Drivers of the Upward Move
The US Bitcoin spot ETF has recorded net inflows for 9 consecutive days
Institutional funds continue to allocate, forming steady buy pressure
Geopolitical risks in the Middle East ease
The US and Iran are close to reaching a memorandum of understanding regarding the Strait of Hormuz and nuclear issues. Risk-aversion sentiment cools, but the earlier safe-haven funds have already flowed into crypto assets
Improving expectations for macro liquidity
The market bets on the Federal Reserve maintaining an accommodative stance, and a weaker dollar benefits risk assets
⚠️ IV. Major Risk Warning
Although the market is hot, multiple experts have issued warnings:
Severe leverage build-up: chasing longs at high levels can trigger a chain of liquidations (such as yesterday’s $550 million liquidation)
Sustained high regulatory pressure:
China’s “strictest ever” virtual currency ban explicitly prohibits cross-border activities such as RWA tokenization, RMB stablecoins, and related arrangements
Five departments including the China Banking and Insurance Regulatory Commission reaffirm that: businesses related to virtual currencies constitute illegal financial activities
Heavy pressure from profit-taking: after BTC’s 20% monthly rise, a technical pullback is possible
Policy uncertainty: the new Federal Reserve Chair, Kevin Warsh, may shift toward a more hawkish stance, which could reverse liquidity expectations
Wang Peng from the Beijing Academy of Social Sciences noted: “Currently, it is driven by both institutional allocation and safe-haven demand, but high volatility and policy black swans must not be ignored.”
📌 Investment Advice (Compliance Reminder)
Strictly prohibit participation in domestic virtual currency trading, mining, ICOs, OTC off-exchange settlement/clearing, etc. (violates Chinese law)
If you participate in legally compliant overseas jurisdictions, be sure to:
Control leverage (recommended ≤ 3x)
Set a stop-loss
Avoid FOMO (Fear of Missing Out) and do not chase at higher prices impulsively
Monitor the progress of US-Iran talks, Federal Reserve developments, and changes in ETF fund flows
🔮 Short-Term Outlook
**If BTC holds above 82,000**, it is expected to challenge the $85,000 – $88,000 area
If new variables arise in the Middle East situation again, or if ETF inflows slow down, it could quickly retest the $78,000 support
The market is in a “high-return, high-risk” stage—do not blindly chase the rally.#比特币站稳8万关口 #Aave起诉要求解冻7300万美元ETH