May 30 Crypto Market Morning Report
Market Dynamics
BTC Sideways Fluctuation: Prices are stuck in narrow volatility, with a clear pattern of mutual liquidation between long and short positions. Short-term direction still needs to wait for a breakout signal.
ETH Pullback Does Not Change Trend: Although it has fallen back after hitting a new high, the bottom structure is gradually rising, maintaining a bullish outlook in the medium term.
SOL Performance Weak: Lacks strength in following rises but actively follows declines, with on-chain activity remaining sluggish. However, major holding addresses increased their holdings by 26,478 SOL yesterday, totaling 420,355 SOL, which may indicate accumulation on dips.
Institutional and ETF Movements
Bloomberg data shows that IBIT's low volatility rise attracts continuous inflow of institutional funds.
Pantera Capital continues to increase positions in BTC, ETH, and SOL, laying out a digital asset treasury.
Ripple's Hidden Road launches digital asset swap service, with XRP DeFi yields reaching up to 20%.
Macro and Regulatory Progress
Federal Reserve’s Daly states: If inflation continues to decline, two rate cuts this year are a reasonable path.
SEC clarifies its regulatory stance on staking, stating that some PoS activities are not considered securities transactions, which may bring favorable policies for ETH staking.
Kraken proposes to ease staking and tokenization regulations to promote compliant development in the industry.
The U.S. House of Representatives introduces the “Digital Asset Market Clarification Act” aimed at clarifying the regulatory framework.
SEC and Binance reach a joint dismissal agreement, long-term litigation may be nearing its end.
Trump’s tariff policy temporarily halted by the federal appeals court.
Exchange Platform Updates
OKX upgrades its smart arbitrage feature, supporting stacking staking yields to enhance capital efficiency.
OKX establishes a new Binance Alpha zone, providing a differentiated trading experience worth attention.
Operational Suggestions
Currently, the market is fiercely contested between long and short positions, with news driving short-term volatility. Investors should be wary of manipulation suspicions of “releasing negative news after a rise and positive news after a fall” to avoid blindly chasing prices. Before the trend is clear, it is advisable to focus on steady strategies such as arbitrage or staking to reduce risk exposure.
Core Views
In the absence of substantial driving forces, the risk of high leverage is extremely high. Patiently waiting for structural opportunities is more suited to the current market rhythm than frequent trading.
