rebound

According to GMGN monitoring, the Solana ecosystem meme coin ASTEROID rose this morning, with its market cap rebounding to $15.1 million, currently reported at $13.8 million, a 48% increase over 24 hours, with a relatively low trading volume of about $740,000. The current market cap has fallen about 25.9% from its historical high. The Ethereum chain ASTEROID briefly dipped in the past hour, with its market cap nearing $91 million at one point, now reported at about $99 million, a 24-hour decrease of 18.6%, with trading volume exceeding $11.7 million during the same period.Additionally, monitoring shows that in the Ethereum version of ASTEROID, trader (0x68a) sold a large amount of 1.515 billion tokens (approximately $363,600) in the past hour, which may have put pressure on the price to decline, making it the largest selling address in the past 24 hours. Previously, they bought the token with $1.07 million in funds, and as of the time of writing, they have sold a total of $829,000 worth of positions, with a total profit and loss of approximately -$136,000.ChainCatcher reminds users that meme coin trading is highly volatile, largely relying on market sentiment and speculative hype, and has no actual value or use case, so investors should be aware of the risks.

According to Catcher Predict monitoring, in the Polymarket event "Thunder vs. Spurs," the "Yes" option for the sub-market "Jalen Williams: Rebounds O/U 3.5" experienced a dramatic fluctuation in win probability, dropping from 34.5% an hour ago to the current 17% (a fluctuation of 17.5%). Please note the impact of relevant breaking news.

Strategy founder Michael Saylor stated in an interview with CNBC that Bitcoin has previously fallen from a high of about $125,000 to around $60,000, hitting a bottom, and is currently entering a "spring" warming phase. The current position has good support, and he expects the market to rebound from the current level.He also pointed out that as the digital credit market forms, the new Bitcoin supply from miners is being fully absorbed by the market. He stated, "Our company may buy all the Bitcoin produced by miners from now until 2140."In addition, Saylor mentioned that the advancement of the U.S. CLARITY Act and the SEC's "innovation exemption" policy for tokenization of securities could become significant positives for the digital asset market.

According to monitoring by Hyperinsight, there are addresses on Hyperliquid placing buy orders in batches using TWAP (Time-Weighted Average Price) to accumulate positions. Among the existing orders, there are 5 whales planning to buy over 10,000 HYPE each, totaling more than 182,000 HYPE, corresponding to an amount of approximately $10.8 million.Currently, some of the buy orders have already been partially filled. As of the time of writing, among the existing orders, the net buying momentum for HYPE in the next 24 hours is expected to reach $6.7 million, and $1.45 million in the next hour.

According to Catcher Predict monitoring, in the predicted market Polymarket for the "Cavaliers vs. Knicks" event, the "Yes" option for the sub-market "Mikal Bridges: Rebounds O/U 0.5" has experienced a dramatic fluctuation in winning probability, soaring from 52.5% an hour ago to the current 72.5% (a fluctuation of 20%). Please note the impact of related breaking news.

According to Jinshi, the main U.S. stock index futures are currently pointing to a lower open on Thursday, and U.S. stocks may give back some of their gains after the rebound in the previous trading day. The rebound in U.S. stocks yesterday coincided with a sharp decline in U.S. Treasury yields and oil prices. Nvidia's stock price fell in pre-market trading, and the market's negative reaction to its earnings report may weigh on U.S. stocks today. Dan Coatsworth, market director at AJ Bell, stated that the market is focused on whether Nvidia can maintain its current growth momentum.

According to SoSoValue data, the cryptocurrency market sector has generally rebounded, with a 24-hour increase of about 2% to 8%. Among them, the DeFi sector performed well, rising by 8.37%. Within this sector, Hyperliquid (HYPE) rose by 17.07%, Jupiter (JUP) rose by 9.07%, and Ondo Finance (ONDO) rose by 10.01%. At the same time, Bitcoin (BTC) rose by 1.61%, breaking through $77,000; Ethereum (ETH) rose by 1.59%, breaking through $2,100.It is worth noting that MAG7.ssi rose by 1.73%, DEFI.ssi rose by 9.96%, and MEME.ssi rose by 1.37%.In other sectors, the Layer2 sector rose by 4.85% in 24 hours, with Starknet (STRK) rising by 9.23%; the Layer1 sector rose by 3.60%, with Zcash (ZEC) rising by 14.25%; the PayFi sector rose by 2.31%, with Dash (DASH) rising by 19.48%; the CeFi sector rose by 2.28%, with Mantle (MNT) rising by 8.63%; the Meme sector rose by 0.38%, with Cheems Token (CHEEMS) rising by 23.80%.The cryptocurrency sector indices reflecting historical market trends show that the ssiDeFi, ssiLayer2, and ssiNFT indices rose by 9.78%, 5.27%, and 5.03%, respectively.

According to Catcher Predict monitoring, in the Polymarket prediction market for the "Spurs vs. Thunder" event, the "Yes" option for the sub-market "Isaiah Hartenstein: Rebounds O/U 1.5" has experienced a sharp fluctuation in winning probability, dropping from 91.5% an hour ago to the current 75% (a fluctuation of 16.5%). Please note the impact of relevant breaking news.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average up 0.31%, the S&P 500 up 0.29%, and the Nasdaq Composite up 0.49%. Technology stocks generally rebounded, with Micron Technology up 4.6%, Intel up 6.4%, Qualcomm up 1.7%, and NVIDIA up 0.6%.

According to The Block, crypto research firm K33 stated that despite Bitcoin's decline of about 6% after retesting the 200-day moving average of approximately $82,000 this month, the low of about $60,000 in February this year may still represent the largest pullback of this cycle.K33's research director Vetle Lunde pointed out that unlike the bear market rebounds in 2014, 2018, and 2022, this market has experienced a slow recovery lasting 189 days after breaking below the 200-day moving average, and market leverage and risk appetite have not been quickly rebuilt. Therefore, the current trend resembles a mild adjustment rather than a precursor to a new round of deep declines.K33 also noted that institutional capital flows still reflect a defensive sentiment. The latest 13F data shows that institutional investors collectively reduced their holdings by about 26,733 BTC in the first quarter, while retail investors increased their holdings by about 19,395 BTC; among them, neutral strategy firms like Jane Street and Millennium contributed most of the reduction.Additionally, Bitcoin ETFs recently recorded the ninth largest five-day outflow since the launch of the U.S. spot ETF. K33 believes this typically occurs when BTC approaches the ETF cost basis, reflecting that investors tend to stop losses or reduce risk exposure after experiencing a deep pullback.

According to Catcher Predict monitoring, in the predicted market Polymarket for the "Spurs vs. Thunder" event, the "Yes" option for the sub-market "Isaiah Hartenstein: Rebounds O/U 1.5" has experienced a sharp fluctuation in winning probability, dropping from 66.5% an hour ago to the current 49% (a fluctuation of 17.5%). Please note the impact of relevant breaking news.

According to SoSoValue data, as of 8 AM Eastern Time on May 18, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $2.03 billion, an increase of 4,403.11% compared to last week.Strategy (formerly MicroStrategy) announced an investment of $2.01 billion (an increase of 4,574.4% compared to last week) to purchase 24,869 Bitcoins at a price of $80,985, bringing the total holdings to 843,738 Bitcoins.The Japanese listed company Metaplanet did not purchase Bitcoin last week.In addition, four other companies purchased Bitcoin last week. Asset management company Strive announced on May 12 that it bought 9 Bitcoins, without disclosing the specific amount spent, bringing its total holdings to 15,009 Bitcoins; the UK Bitcoin company The Smarter Web Company announced on May 12 and May 15 that it invested $2.84 million to purchase 25 Bitcoins at a price of $81,592.67 and 10 Bitcoins at a price of $79,662, bringing its total holdings to 2,840 Bitcoins; the French Bitcoin company Capital B announced on May 18 that it invested $15.02 million to purchase 192 Bitcoins at a price of $78,205.4, bringing its total holdings to 3,135 Bitcoins; the Brazilian Bitcoin company OrangeBTC announced on May 18 that it invested $390,900 to purchase 5 Bitcoins at a price of $78,180, bringing its total holdings to 3,737 Bitcoins.As of the time of publication, the total amount of Bitcoin held by the listed companies worldwide (excluding mining companies) is 1,113,841 Bitcoins, an increase of 2.37% compared to last week, with a current market value of approximately $86.16 billion, accounting for 5.6% of Bitcoin's circulating market value.

According to Catcher Predict monitoring, in the predicted market Polymarket for the "Spurs vs. Thunder" event, the "Yes" option for the sub-market "Jalen Williams: Rebounds O/U 0.5" has experienced a dramatic fluctuation in winning probability, dropping from 91.5% an hour ago to the current 70.5% (a fluctuation of 21%). Please note the impact of related breaking news.

Fundstrat co-founder and BitMine chairman Tom Lee stated on the X platform that Ethereum is currently facing selling pressure, primarily due to rising oil prices, with the negative correlation between ETH and oil prices at a historical high.During the past six weeks of rising oil prices, the price of Ethereum has fallen, and if oil prices retreat, Ethereum is expected to rebound. Lee believes this is a short-term tactical fluctuation, with the larger drivers for Ethereum coming from tokenization and AI agents, as these structural factors are already in place, and it is expected that Ethereum's price will strengthen by 2026.

According to Cointelegraph, the CEO of SharpLink stated that if the CLARITY Act is passed, market risk appetite rebounds, and the tokenization process accelerates, ETH may rise.

Analyst Axel Adler Jr posted on the X platform that Bitcoin was rejected again at $82,000, marking the third failure at this level. The short-term holder SOPR indicator has still not managed to stay above 1, indicating that short-term holders continue to sell during each rebound. Currently, crude oil is close to $106, the Dow Jones Industrial Average has dropped by 537 points, and interest rates face the risk of remaining high for a long time.

According to BIT analysis, if Bitcoin could keep up with the Nasdaq's rise, the current price should be close to $140,000. The relative underperformance of Bitcoin may be related to the resurgence of inflation since the third quarter of 2025. Overall, Bitcoin had generally followed the fluctuations of the Nasdaq, but since October 2025, the divergence between the two has begun to widen significantly. At that time, the latest CPI reading had risen back to 3%, which is 100 basis points above the Federal Reserve's target, and the interest rate market also began to gradually retract some pricing for rate cuts in 2026. This is precisely the source of the pressure on Bitcoin; its upward logic relies on expectations of Federal Reserve easing, and once the market starts to retract pricing for rate cuts, performance often comes under pressure. Subsequently, this logic continued to influence Bitcoin's trend.Stocks, on the other hand, are completely different. As long as the market still views inflation as mild and temporary, a rise in inflation can actually be beneficial for stocks: even if sales do not increase significantly, it can boost nominal corporate income, reduce real debt burdens, and enhance the attractiveness of stocks as a hedge against purchasing power. The latest U.S. inflation data seems to have caught some market participants off guard, although the agency's model had previously indicated that price pressures might rise again. The current key question is whether this round of inflation expectation repricing will weaken the ongoing positive fundamentals for Bitcoin; and how investors should adjust their positions in this context.

The Gate Research Institute recently released the "April 2026 Cryptocurrency Market Review" report, which pointed out that the cryptocurrency market in April showed an overall upward trend, with total market capitalization significantly rising compared to March. The trading volume of BTC and ETH ETFs remained high and volatile. The report indicates that the activity levels of major public chain ecosystems continue to diverge. Solana's daily trading volume remained in the range of approximately 90 million to 110 million transactions, continuing to lead.In terms of hot sectors, the report noted that Pokemon TCG RWA has become one of the fastest-growing sub-sectors of on-chain RWA and entered a secondary explosion phase in April. Major trading platforms saw monthly trading volumes exceed 220 million USD, with weekly revenue nearing 6 million USD at one point, setting a new historical high. Meanwhile, Aave experienced the most severe liquidity shock in its history in April, with TVL outflows reaching hundreds of billions of dollars within days, and net outflows for the month exceeding 9 billion USD.Regarding financing and security incidents, the Web3 industry completed a total of 51 financing rounds in April, with a total amount of approximately 834 million USD, with funds further concentrating in leading finance and infrastructure sectors. Among them, Payward topped the monthly financing with 200 million USD. On the security front, Web3 security incidents in April resulted in losses of approximately 306 million USD, a month-on-month increase of about 858%, primarily driven by a single cross-chain infrastructure attack incident involving Kelp DAO, which amounted to about 293 million USD. The report believes that against the backdrop of a market recovery, on-chain activity and capital liquidity are improving simultaneously, but the security risks of cross-chain infrastructure and high-leverage protocols still warrant ongoing attention.

The Gate Research Institute recently released the report "April 2026 Cryptocurrency Market Review," indicating that the cryptocurrency market in April showed an overall upward trend, with total market capitalization significantly higher than in March, and BTC and ETH ETF trading volumes maintaining high volatility. The report shows that the activity levels of major public chain ecosystems continue to diverge. Solana's daily trading volume remains in the range of approximately 90 million to 110 million transactions, continuing to lead.In terms of hot sectors, the report points out that Pokemon TCG RWA has become one of the fastest-growing sub-sectors of on-chain RWA and entered a secondary explosion phase in April. Major trading platforms saw monthly trading volumes exceed 220 million USD, with weekly revenue nearing 6 million USD at one point, setting a new historical high. Meanwhile, Aave experienced the most severe liquidity shock in its history in April, with TVL outflows reaching hundreds of billions of dollars within a few days, and net outflows for the entire month exceeding 9 billion USD.Regarding financing and security incidents, the Web3 industry completed a total of 51 financing rounds in April, with a total amount of approximately 834 million USD, with funds further concentrating in leading finance and infrastructure sectors. Among them, Payward ranked first for the month with 200 million USD in financing.On the security front, Web3 security incidents in April resulted in losses of approximately 306 million USD, a month-on-month increase of about 858%, primarily driven by a cross-chain infrastructure attack incident involving Kelp DAO, which amounted to about 293 million USD. The report believes that against the backdrop of market recovery, on-chain activity and capital liquidity have both increased, but the security risks of cross-chain infrastructure and high-leverage protocols still warrant ongoing attention.