#Gate广场五月交易分享 On May 3, 2026, the market oscillated upward driven by favorable regulatory news, with Bitcoin stabilizing above $78,000 and Ethereum performing relatively strongly. The breakthrough in stablecoin legislation injected confidence into the market, but technical resistance remains evident.



Core driving factors: The game over the profit distribution rules of stablecoins has cleared the way for the "CLARITY Act," reducing regulatory uncertainty risks. Spot Bitcoin ETF capital inflows increased to $629.7 million, with institutional demand rebounding.
There is new progress in US-Iran negotiations, with Iran proposing a 14-point negotiation plan. Bitcoin’s dominant position remains above 60%, and the trend model remains bullish. CME announced the launch of 24/7 cryptocurrency futures and options trading on May 29.

Trading strategy: The current market is in a “high-level range-bound oscillation,” with BTC in the overall range of $74,000-$79,000. It is recommended to keep positions between 50-70%, trading around key support and resistance levels (BTC $77,000-$79,400; ETH $2,290-$2,350), buying low and selling high, with strict stop-losses.

Focus on whether the resistance zone of $79,400-$80,000 is broken. If successfully broken, the market may enter a new upward phase.

Disclaimer: The above analysis is based on public market data and does not constitute investment advice. Cryptocurrency markets are highly volatile; invest cautiously.
BTC0.44%
ETH0.97%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 15
  • Repost
  • Share
Comment
Add a comment
Add a comment
ShainingMoon
· 6h ago
To The Moon 🌕
Reply0
ShainingMoon
· 6h ago
To The Moon 🌕
Reply0
ShainingMoon
· 6h ago
2026 GOGOGO 👊
Reply0
ybaser
· 6h ago
To The Moon 🌕
Reply0
XiaoXiCai
· 7h ago
Get in quickly!🚗
View OriginalReply0
XiaoXiCai
· 7h ago
Hold on tight, take your seat, we're about to take off🛫
View OriginalReply0
XiaoXiCai
· 7h ago
Confident HODL💎
View OriginalReply0
XiaoXiCai
· 7h ago
Get in quickly!🚗
View OriginalReply0
XiaoXiCai
· 7h ago
Just go for it 💪
View OriginalReply0
ShiFangXiCai7268
· 8h ago
2026 GOGOGO 👊2026 GOGOGO 👊2026 GOGOGO 👊2026 GOGOGO 👊2026 GOGOGO 👊
Reply0
View More
  • Pin