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According to Cointelegraph, CryptoQuant pointed out in a report that Bitcoin faces a risk of correction after reaching the 200-day moving average of $82,400. The agency stated that the 200-day moving average was a major resistance level during the 2022 bear market, and Bitcoin resumed its downward trend after hitting that level in March of that year.The report noted that traders' unrealized profit margin reached 17.7% on May 5, the highest level since June of last year, indicating potential selling pressure from profit-taking. Last week, daily realized profits surged to the highest level since early December, with traders cashing out 14,600 Bitcoins (worth nearly $1.2 billion) on May 4. CryptoQuant stated that such a peak magnitude often signals a local price top during a bear market rebound.If Bitcoin declines, the current support level is around $70,000, which is the average price of all Bitcoin's last trades and has historically been a key resistance turning into support during bear markets.

Glassnode released data on platform X indicating that the unrealized losses of Bitcoin long-term holders (LTH) reached about 15% at the beginning of April. Compared to the historical depths of bear market cycles where this metric exceeded 75%, the impact of this market correction on long-term holders is significantly lighter.Analysis points out that although the recent price pullback has resulted in some paper losses, the overall pressure remains far below historical cycle lows, indicating that the current decline has not yet posed a substantial test to the beliefs of long-term holders. Structurally, this adjustment leans more towards mid-term fluctuations rather than a complete cyclical capitulation.

According to CoinDesk, the cryptocurrency market has temporarily stalled before the release of the U.S. April CPI data. Bitcoin has recently been oscillating in the range of $80,000 to $82,000, failing to effectively break through since last Wednesday.The market believes that although capital flows still indicate a potential for a subsequent breakthrough, inflation and macro risks are suppressing risk appetite. The U.S. will release the April Consumer Price Index (CPI) at 8:30 PM Beijing time tonight. FactSet data shows that the market expects the April CPI to rise year-on-year to 3.7%, up from 3.3% in March. If the forecast is realized, it will mark the largest increase since January 2024 and is significantly higher than the average of 2.7% over the past 12 months. The core CPI is expected to rise year-on-year to 2.7%, up from the previous value of 2.6%.Analysts are concerned that if the inflation data exceeds expectations against the backdrop of high oil prices and Trump's statement that the U.S.-Iran ceasefire is "extremely fragile," it may further trigger market risk aversion, dragging down the performance of risk assets.Lukman Otunuga, head of market research at FXTM, stated that the current market is entering a sensitive phase where geopolitical issues, inflation risks, and central bank expectations are intertwined. High oil prices, uncertainty regarding the situation in Iran, and key U.S. economic data may lead to increased volatility in commodities, exchange rates, and global stock markets.In addition to macro factors, XRP and SOL are also approaching key supply zones again. XRP tested $1.50 today but has failed to break through this level multiple times since February of this year; SOL is once again nearing the resistance level around $97.Meanwhile, institutional interest in related assets is heating up. The U.S. spot XRP ETF recorded a net inflow of $25.8 million on Monday, reaching a new high since January 5; Bitcoin and Solana ETFs also maintained net inflows, while the Ethereum ETF saw a net outflow of $16.9 million.

On May 9 and 10, the Chainlink network recorded 282,170 and 264,090 unique active LINK addresses, respectively, the highest levels since September 2025. The surge in on-chain activity comes against the backdrop of several institutional-grade DeFi projects announcing their migration of cross-chain infrastructure to Chainlink CCIP. On May 7, Solv Protocol announced the completion of a security review following the April Kelp DAO vulnerability incident and decided to migrate over $700 million in tokenized Bitcoin assets (SolvBTC and xSolvBTC) from LayerZero to Chainlink CCIP.Previously, Kelp DAO had also announced the migration of its rsETH infrastructure to Chainlink CCIP. These initiatives represent a significant shift of institutional-grade DeFi infrastructure from LayerZero to the Chainlink cross-chain ecosystem. Additionally, earlier this month, data showed that whale wallets holding between 100,000 and 10 million LINK increased their holdings by 32.93 million LINK within 30 days.

According to Cryptopolitan, the kimchi premium for Bitcoin on South Korean exchanges has risen to 1.98%, the highest level since the end of February.This metric measures the price difference between Bitcoin on South Korean exchanges and the global volume-weighted average price through CryptoQuant's Korean premium index. After the outbreak of the US-Iran conflict in early March, this index fell to a discount of -2.27%, and this rebound indicates a resurgence in demand from South Korean buyers. Currently, calculated using the Upbit price and the global volume-weighted average price, the premium has fallen back to 0.77%.

According to Cointelegraph, crypto risk management and infrastructure provider Chaos Labs stated that its oracle network experienced a suspected "nation-state" hacker attack last weekend but was not breached.Chaos Labs founder Omer Goldberg stated on the X platform that the attack was strictly limited to the operational wallets used for daily on-chain operations, and the oracle network was never compromised. The oracles operate in a fully isolated environment, with nodes distributed globally, protected by multi-layer security and encryption controls. Chaos Labs has rotated all keys since the attempted attack and has not detected any suspicious activity.

According to analyst Alicharts, the estimated leverage ratio of Bitcoin on major futures exchanges has risen to about 0.26, the highest level in nearly a year, surpassing the peak in October 2025, reflecting a significant increase in traders' risk appetite.Alicharts stated that this data indicates investors are using leverage extensively and are optimistic about the continuation of Bitcoin's upward trend, showing the market's optimistic expectations for the next wave of market movements.

The largest lending protocol Tydro under Kraken's Ink Layer 2 announced yesterday that it will remain in a market pause state until the completion of the Chainlink price oracle migration. On May 4, the risk management agency Chaos Labs notified Tydro that its oracle provider had been attacked, with an attack pattern similar to that of a nation-state actor, and recommended an immediate pause of all markets.Tydro stated that there were no abnormal price feeds to its market before or after the pause, and user positions were unaffected. About 48 hours later, Chaos Labs confirmed that the compromised keys had been rotated, and technically, operations could resume, but Tydro chose to continue the pause until the second push oracle was in place. The completion of the Chainlink migration will trigger a 48-hour time lock, during which a four-hour grace period will also be set, allowing borrowers with health factors below 1 to repay or add collateral without being liquidated. Tydro is a white-label deployment of Aave v3, and the total market size has recently exceeded $700 million.

According to Jinshi reports, Federal Reserve official Kashkari stated that the current level of inflation is still too high.

Cryptoonchain posted on social media that the Bitcoin inflow CDD (Coin Days Destroyed) on the Binance trading platform has reached its highest level since the beginning of 2023. Bitcoin, which has been dormant for a long time, is starting to move, indicating that long-term holders and whales are taking profits in the $78,000--$80,000 range.The surge in Coin Days Destroyed means that earlier Bitcoins are flowing into trading platforms, indicating increased selling pressure. Historically, this behavior often signals the arrival of short-term volatility or local tops. The inflow peak in April has already shown early distribution signals across the market, and if buying demand cannot absorb this supply, Bitcoin may face a strong supply resistance wall.

Glassnode's latest report indicates that Bitcoin has broken through the real market average ($78,200) and the cost price for short-term holders ($79,100). If it can maintain this range for the next week, the "deep value phase" since 2026 may become the shortest in Bitcoin's history.The next key resistance level in the current market is around $85,200. On-chain data shows that the 30-day net realized profit and loss average has turned positive to 0.003% of the market cap, and long-term holders have realized profits rising to $180 million daily, but this is still significantly lower than the over $1 billion level during the peak of this cycle.However, the market has realized losses still amounting to $479 million daily, which is 140% higher than the stable range of this cycle. Glassnode believes that it needs to continuously fall below $200 million to confirm a healthier demand recovery.In terms of capital, the 30-day net inflow of the U.S. spot Bitcoin ETF has turned positive again, indicating that institutional demand is recovering. At the same time, the perpetual contract funding rate remains negative during the upward process, suggesting that market short positions are still heavy. If shorts continue to be squeezed, it may further drive prices up.Additionally, there is a concentration of about $2 billion in "Short Gamma" positions around $82,000, and market makers' hedging behavior may amplify price volatility. Glassnode believes that the overall trend for Bitcoin remains strong, but the market has entered a more sensitive phase. If there is a lack of sustained spot buying support, there may be significant selling pressure around $85,000.

According to official news, Jito Foundation is collaborating with Solana Company (NASDAQ: HSDT) to provide institutional-grade Solana infrastructure in the Asia-Pacific region. The two parties will operate BAM validators using Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea, a low-latency infrastructure network that supports staking, validation, and trading services in the Asia-Pacific region.In addition, the two parties will jointly develop institutional-grade JitoSOL staking products, delivered through Solana Company's consulting service model, to meet the compliance requirements of large capital allocators.The head of Jito Foundation's Asia-Pacific region stated that this collaboration aims to combine Jito's market layer technology with Solana Company's regional expertise and institutional network, laying the foundation for scalable and compliant participation within the Solana ecosystem.

According to Cointelegraph, on-chain indicators such as the cost basis of short-term holders (STH) show that the BTC price still has room to rise, with the next key target at $92,000. This rebound has pushed Bitcoin above its short-term holder cost basis, which is currently at $79,000. The short-term holder cost basis refers to the average purchase price of investors holding Bitcoin for less than 155 days.Historically, breaking through this level has pushed the market into an extended recovery phase, incentivizing investors to hold or even increase their positions to maximize returns. This shift is often a catalyst that ignites a macro uptrend, attracting new buyers and triggering short squeezes, while shorts remain in a state of disbelief.Charts show that when the price recovers its realized price in April 2025, it rises 30% within weeks, heading towards the upper boundary of the indicator at $112,000. Similar situations in October 2024, October 2023, and January 2023 also pushed BTC prices to the same on-chain level. If BTC breaks this line, there is a high probability it will rise to $92,423 in the short term

According to the official announcement, Binance will adjust the collateral rates for assets such as DOGE and SOL on May 8, 2026, at 14:00 (Beijing time); on the same day at 14:30 (Beijing time), it will update the leverage and margin levels for contracts such as CELO USDT and adjust the position limits for contracts such as HOME USDT.

According to FinanceFeeds, analysts pointed out that Ethereum (ETH) has recently rebounded from the support level of $2200, which coincides with the resistance level before the end of March, the lower band of the daily Bollinger Bands, and the 38.2% Fibonacci retracement level of the upward impulse wave i. The current price is approaching the key resistance level of $2470 (which is the endpoint of the previous upward impulse wave i).The report noted that, given the active wave (iii) and the strong momentum of wave 3, as well as the overall bullish sentiment in the crypto market, if ETH breaks through the $2470 resistance level, it is expected to rise to the next resistance level of $2600.

In the first quarter of Greg Abel's tenure as CEO, Berkshire Hathaway's cash reserves surged to a record high of $397 billion. At the end of last year, the company's cash reserves had slightly decreased, but they increased significantly in the first quarter due to a net sale of $8.1 billion in stocks during the period.Additionally, Berkshire Hathaway A (BRK.A.N) reported Q1 2026 revenue of $93.675 billion, compared to $89.725 billion in the same period last year, with market expectations of $89.274 billion; net profit was $10.106 billion, compared to $4.603 billion in the same period last year, with market expectations of $11.762 billion. The fair value of fixed-income securities held by Berkshire Hathaway at the end of Q1 2026 reached $17.669 billion, compared to $17.816 billion in the same period last year.Buffett has always viewed cash as "a necessary but undesirable asset," often likening it to oxygen, which is crucial for businesses but not a good investment in itself. Buffett repeatedly emphasizes that Berkshire will never prefer holding cash equivalents over quality businesses; cash is merely a war chest waiting for "super good opportunities." When market valuations are too high and there are no attractive investment targets, he prefers to hoard cash rather than force a purchase; but once a great opportunity arises, he will deploy this ammunition without hesitation. In Buffett's view, cash can provide safe returns in a high-interest-rate environment, but in the long run, it is far less valuable than investing in excellent companies.While Berkshire's cash holdings reach a new high, despite the S&P 500 and Nasdaq indices recently hitting historical highs, there are still multiple risk hazards behind the market, and valuations are in a historically high range. Data shows that as of April, the rolling price-to-earnings ratio of the S&P 500 is about 24 times (historical average is about 16 times), and the Shiller price-to-earnings ratio (cyclically adjusted) has risen to over 37 times, at a historically high level, second only to the internet bubble period. This combination of "valuation + high expectations" means that the market has very limited room for error. Furthermore, the current rise in U.S. stocks is built on optimistic assumptions such as "AI-driven profits, falling inflation, declining interest rates, and controllable risks," and any deviation in these variables could trigger amplified shocks in the market.

Crypto analyst Ali Martinez stated that as May begins, Bitcoin is still oscillating within a narrow range, while order clusters at key price levels are forming, which may become the core area for large-scale liquidations.Upper resistance: $80,000. This position serves as a major psychological and technical resistance, gathering a large amount of short liquidity. If broken, it may trigger a short squeeze, pushing the price quickly up to $84,000. Lower support: If $80,000 fails to break, the lower liquidity range includes $75,000, $73,000, and $70,000, which may support a pullback. He pointed out that the current market is in a tug-of-war phase between bulls and bears, and if the price effectively breaks through the $75,000 to $80,000 range on a daily basis, it may determine the overall trend for the month.

The Zcash Foundation officially announced the release of Zebra version 4.4.0. This update fixes multiple consensus-level critical security vulnerabilities and strongly recommends that all node operators upgrade immediately. This includes a denial-of-service vulnerability that can cause new blocks to stop being discovered permanently, consensus divergences caused by errors in block signature operation (sigops) counting, anomalies in the processing of transparent transaction signature hashes, and risks of memory allocation amplification attacks.The Zcash Foundation stated that some of these vulnerabilities could cause Zebra nodes to accept blocks that are rejected by zcashd, leading to chain forks. If not updated in a timely manner, nodes may face risks such as interruption in block discovery, consensus forks, and resource consumption amplification, and there are currently no alternative mitigation solutions.

According to Jinshi reports, the panic index VIX has fallen to its lowest level in more than two months, reporting at 16.72.