From the perspective of news, the concerns about tariffs, which had already weakened, have resurfaced as Trump stated that he will impose tariffs on new countries in the future and suggested imposing a 50% tariff on the EU starting June 1, while complaining that trade negotiations are at a standstill. Additionally, the escalation of the situation in the Middle East makes it difficult for geopolitical risk aversion sentiments to fade, which will also become a long-term supporting factor for cryptocurrency prices. Trump's statement about imposing tariffs on new countries and the EU has reignited economic concerns in the market. The U.S. debt-to-GDP ratio exceeds 124%, and the inflation of debt weakens the credit of the dollar, undermining the confidence of dollar bulls. Although the Federal Reserve's stance is hawkish, it still struggles to boost the dollar. Technically, the dollar index may continue to decline, which is beneficial for cryptocurrency prices. The expectations for a rate cut by the European Central Bank in June have diminished, and a strong euro may suppress the dollar and boost cryptocurrency prices. In summary, Yanling believes that factors such as geopolitics, debt, and tariffs will lead to a weaker dollar and favorable inflation expectations in the cryptocurrency market, while the high-tax environment may also encourage all parties to increase their holdings of cryptocurrencies to hedge against risks. Moreover, from a technical perspective, there are still numerous moving averages supporting the lower bounds, and the bullish outlook has not been completely lost. As mentioned in the article over the weekend, Yanling stated that after this wave of short-term pullback and adjustment, the long-term trend still continues to look bullish.

Let's take a look at the technical indicators on the chart. The recent hourly candlestick shows that cryptocurrency prices fluctuate around 109000, forming a small oscillating range. On the daily level, the cryptocurrency price rebounded from 106600 to 109363, showing a strong upward trend. The technical indicator MACD on the hourly cycle is in the positive zone but shows signs of a pullback, while the daily MACD remains in a bullish state. The hourly RSI is close to the overbought zone, which may lead to a short-term pullback; the daily RSI remains in a neutral to high position. Both the hourly EMA7 and EMA30 are inclined upwards, supporting the current price trend. The daily EMA also supports the upward trend. In summary, Yanling's view remains bullish for the continuation of the market.

Weekly Yanling's strategy for May 26 on Bitcoin:

1. Long from 107700-108600, stop loss below 106500, target 109500-110500, continue to look up around 111400.

2. Short from 111400-110500, stop loss above 112500, target 109500-108700.

Weekly Yanling's strategy for May 26 on Ethereum:

1. Long from 2460-2500, stop loss below 2400, target 2590-2630.

2. Short from 2640-2600, stop loss above 2690, target 2550-2510.