5.12 Key Dynamics Analysis of the Cryptocurrency Market: Bitcoin's Trend Awaiting Examination: BTC's short-term performance is highly dependent on market sentiment during working days. The results of China-US trade negotiations and the opening trends of US stocks will be key influencing factors. Investors need to closely monitor macro-level catalytic signals.
Ethereum as the Ecosystem Engine: ETH's recent strong recovery has driven a comprehensive market rebound, with DeFi protocols and Meme coins being active in sync. Its price performance has become the core barometer of the overall direction of the cryptocurrency market.
Lido Protocol's Emergency Risk Response: Leading Ethereum staking platform Lido quickly initiated the DAO governance process after its oracle was attacked, replacing key contract addresses through community voting to ensure the secure operation of the system.
Positive News from China-US Trade Negotiations: Senior officials from both sides reached an important consensus on May 12, and a joint statement is about to be released. The alleviation of macro policy uncertainty may inject short-term uplifting momentum into the cryptocurrency market. Regulatory Disputes Escalate: A US Democratic Senator proposed to restrict Trump and his team's promotion of cryptocurrencies, aiming to respond to the legislative controversy over stablecoin regulation, intensifying policy games and heightening industry volatility expectations.
Market Hotspot Supplement: Centralized exchanges (CEX) have recently become the main battleground for the explosion of Meme coins, with new currencies such as MoodEng and Goat experiencing soaring trends after being launched on the Alpha platform.
It is worth noting that the chasing strategy for such high-risk assets tests investors' psychology; its decision-making difficulty even surpasses traditional bottom-fishing operations, highlighting the extreme characteristics of the current speculative atmosphere in the market.
