Bassman

Cryptocurrency Market Report | May 12, 2026 "When Wall Street Lands on Crypto Platforms, Geopolitics Hits the Breaker, and the Fed Welcomes a New Chair" 1. Signals from the OKX Interface: Silicon Valley Giants Entering A screenshot from OKX at 08:15 AM reveals a financial revolution underway. On the futures page, SPACEXUSDT (2,141.2), ANTHROPICUSDT (1,545), and OPENAIUSDT (1,389.9) are tagged with "Pre" — these USDT-settled pre-market perpetual contracts officially launched on May 7, allowing traders to bet on private company valuation changes without granting any equity or shareholder rights. The spot page is equally meaningful: KITE (+6.23%), ONDO (+1.80%), and WLFI (+1.05%) represent the three major structural themes of 2026 — on-chain AI, real asset tokenization, and political crypto assets, respectively. 2. #TrumpRejectsIranDeal — A Geopolitical Blow Trump called Iran's counterproposal "completely unacceptable" on Truth Social, causing Bitcoin to fluctuate sharply between $80,275 and $82,480. Iran refused to dismantle nuclear facilities, Netanyahu declared the war not over, and Brent crude oil surged 4.5% in one day to $105.85 per barrel. As a chain reaction, $270 million long positions were forcibly liquidated, and the total crypto market cap shrank to $2.74 trillion. Prediction markets show the probability of a US-Iran nuclear deal before June has dropped to 27.5%. The more stalled the negotiations, the higher the oil price, the hotter the inflation, and the further away rate cuts are. Every token on OKX is bearing the brunt of this domino effect. 3. #WarshTakesFedChair — The Most Crypto-Savvy Fed Chair in History On April 29, the Senate Banking Committee approved Kevin Warsh's nomination by a 13-11 party-line vote; Powell's term officially ends on May 15. Warsh defines Bitcoin as a "legitimate macro asset" and a "monetary policy barometer," supports private stablecoins over CBDCs, and believes digital assets are now an integral part of the modern financial system. His financial disclosure shows he and his wife jointly hold at least $192 million in assets, including significant venture capital positions in DeFi protocols and blockchain infrastructure. 10x Research CEO Tylor summarized: "Warsh's confirmation vote and the advancement of the CLARITY Act both favor Bitcoin. Regulatory transparency reduces institutional frictions, and smooth leadership transition eliminates policy uncertainty." 4. #BitcoinETFMSBTStreak — Institutional Funds Bottoming Morgan Stanley MSBT had zero net redemptions in its first month since launching on April 8 — 17 days of net inflows, 5 days flat, cumulatively absorbing $193 million, managing assets over $240 million. On May 7, the entire market saw a single-day net outflow of $268.5 million, with BlackRock and Fidelity recording redemptions, but MSBT bucked the trend by absorbing $5.7 million. With an annual fee rate of 0.14% (the lowest in the market), its cost advantage is undeniable for institutions. On the macro level, ETFs absorbed about 19,000 BTC in nine trading days in April, nine times the newly mined supply during the same period, indicating a structural support forming due to supply-demand imbalance. Conclusion The rise of SpaceX and OpenAI futures and KITE and ONDO on OKX all point to one fact: the crypto market in 2026 no longer lives in its own bubble. It reacts to geopolitics like oil, is sensitive to monetary policy like bonds, and attracts institutional funds like top tech stocks. Three tags, one reality: opportunities and risks coexist, and only the clear-headed can navigate it. $BTC $ETH $SOL

US CPI, the Next Fed Chair, and "Sport Altcoins": Why Is the Crypto Market Entering Its Most Critical Phase of the Year? Currently, the cryptocurrency market is at a highly pivotal moment. Three core narratives are simultaneously brewing, collectively influencing the flow direction of global risk assets: #USAprilCPITonight The US April CPI data is about to be released; #WarshTakesFedChair Kevin Warsh is considered a leading candidate for the next Federal Reserve Chair; #CryptoMinersGoAI AI Bitcoin mining companies are fully pivoting to AI infrastructure businesses. Meanwhile, highly volatile altcoins (Sport Altcoins) in the market are becoming noticeably active, with capital gradually shifting from BTC to AI, infrastructure, and high-leverage futures sectors. This means: the current market is no longer just trading Bitcoin but trading "global liquidity." 1. US CPI: The Core Variable Determining Market Risk Appetite The US Consumer Price Index (CPI) is currently one of the most important macroeconomic data points affecting global financial markets. For the crypto market, CPI not only influences the US dollar's movement but directly determines the Fed's future interest rate path. If tonight's CPI is lower than expected: The market will raise expectations for rate cuts; US Treasury yields may decline; The dollar index will weaken; Risk assets will see renewed capital inflows. In this environment: BTC usually rises first, followed by capital flowing further into high-beta altcoins and perpetual futures markets. Conversely, if CPI continues to exceed expectations: The Fed will maintain higher interest rates for a longer period; Real yields will rise; Market risk appetite will decline; High-leverage altcoins may face rapid liquidations. Therefore, tonight's CPI is not just economic data but the "switch" that will determine market liquidity for the coming weeks. 2. Kevin Warsh and Policy Expectations in the "Post-Powell Era" Currently, Kevin Warsh is gradually becoming a focus of attention on Wall Street and in Washington. As a former Fed governor during the 2008 financial crisis, Warsh has long advocated: Controlling inflation; Adjusting the balance sheet structure; Improving financial system efficiency. At the same time, he is considered relatively open to the AI productivity revolution. The market's high attention to Warsh is because: If the Fed shifts to a more flexible monetary policy in the future, global liquidity may expand again. This would directly benefit: BTC; The AI sector; High-beta altcoins; Perpetual futures markets. However, the market also worries that: Warsh may accelerate the Fed's balance sheet reduction, meaning future liquidity volatility could be more intense. In other words: Warsh could become both a new catalyst for the crypto market and a source of volatility. 3. "Sport Altcoins" Are Becoming a Barometer of Market Sentiment From current market data: SAHARA PROMPT HUMA JELLYJELLY SAPIEN LAB EDEN and other altcoins have shown significant gains. These assets share a common characteristic: They belong to the market category called "Sport Altcoins." "Sport Altcoins" is not an official classification but a trader's term for assets with the following traits: High volatility; High leverage; Small market cap; Strong narrative-driven; Suitable for short-term momentum trading. Unlike core assets like BTC and ETH, Sport Altcoins act more like: "Amplifiers of market risk appetite." Typically: After BTC rises, Capital flows to mid-cap tokens, Eventually entering low-cap, high-leverage altcoins. The current market is in the latter half of this capital rotation. 4. Why Has the AI Narrative Become the Market Core Again? Notably, the strongest performing sector in this rally is mostly related to AI infrastructure. Including: AI computing networks; Data layers; Social AI; GPU computing power; Decentralized AI platforms. This is directly related to the most important recent industry trend: #CryptoMinersGoAI As miner revenues decline after Bitcoin halving, more mining companies are transforming into: AI data centers; GPU cloud computing; HPC (High-Performance Computing). The reason is simple: The AI industry requires: Large-scale power; Industrial-grade cooling systems; Stable power grids; Large data centers. These are precisely the infrastructures mining companies have built over many years. Therefore, the market is redefining miners: They are no longer just "Bitcoin miners" but infrastructure providers for the AI era. This also drives renewed market attention to AI concept tokens. 6. Conclusion: The Market Is Trading "Global Liquidity" The current crypto market is no longer just about the Bitcoin cycle. It simultaneously reflects: US monetary policy; Global inflation trends; The AI industrial revolution; The data center economy; Global risk capital flows. Tonight's CPI data will likely determine: Whether the market enters a new Risk-On phase. If inflation is below expectations: BTC is expected to continue breaking out; The AI sector may become fully active; High-beta altcoins could see a new round of FOMO. But if inflation continues to exceed expectations: The high-leverage segment of the market may face a large-scale liquidity purge. And "Sport Altcoins" will be the first area to reflect changes in market sentiment.

Cryptocurrency Market Weekly Report — May 12, 2026 Three Major Forces Reshaping the Market Landscape Market Overview: Bitcoin Holds Steady Above $80,000 As of May 11, Bitcoin was priced at approximately $81,224, with a market cap around $1.33 trillion, far surpassing Ethereum's $233 billion. However, beneath the calm figures, undercurrents are stirring as geopolitical tensions, monetary policy, and institutional capital simultaneously shake the market. #TrumpRejectsIranDeal — Geopolitical Turmoil Sparks Intense Volatility Trump posted on Truth Social denouncing Iran's peace proposal as "completely unacceptable," causing Bitcoin to retreat from the weekend high of $82,000 to $80,833. On May 7, Bitcoin fell below $80,000, hitting an intraday low of $79,500, forcing liquidation of $2.7 billion in long positions, with Bitcoin longs losing $91 million. The core controversy centers on control of the Strait of Hormuz, a pre-war route responsible for transporting one-fifth of the world's oil and liquefied natural gas. After Trump rejected Iran's proposal, Brent crude oil surged 4.5% in a single day to $105.85 per barrel. Prediction markets show the probability of a US-Iran nuclear deal before June has dropped to 27.5%, down from 32% the previous day. #WarshTakesFedChair — Historic Power Transition at the Federal Reserve On April 29, the Senate Banking Committee approved Kevin Warsh's nomination with a 13-11 party-line vote, marking the committee's first fully partisan vote on a Fed chair nomination. Powell's term officially ends on May 15. Warsh is no stranger to the crypto industry. His 69-page financial disclosure filed with the government ethics office reveals that he and his wife jointly hold at least $192 million in assets, including venture capital stakes in multiple DeFi protocols and blockchain infrastructure. Warsh regards Bitcoin as a "legitimate macro asset," calling it a "barometer of monetary policy," and supports private stablecoins over central bank digital currencies, viewing digital assets as an integral part of the modern financial system. However, the market must remain rational. At his confirmation hearing, Warsh clearly stated: "The President has never asked me to commit to cutting rates at any specific meeting. He has not asked, pressured, or forced me, and I would never do that." #BitcoinETFMSBTStreak Wall Street Giants Rewrite the Competitive Landscape Since its launch on April 8, the Morgan Stanley Bitcoin Trust (MSBT) has seen zero net redemptions in its first month, recording 17 days of net inflows, 5 days flat, cumulatively attracting about $193 million, with assets under management exceeding $240 million. On May 7, while the overall market experienced a net outflow of $268.5 million, giants like BlackRock and Fidelity recorded redemptions, yet MSBT attracted a net inflow of $5.7 million against the trend. MSBT's annual fee rate is only 0.14%, the lowest among US Bitcoin spot ETFs, 11 basis points lower than BlackRock's IBIT and Fidelity's FBTC at 0.25%. For institutional investors managing $1 billion, this saves about $1.1 million annually. The macro outlook is also positive. SoSoValue data shows that as of May 8, 13 US Bitcoin spot ETFs have recorded positive inflows for six consecutive weeks, totaling over $3 billion — the longest streak since summer 2025, with total industry assets reaching $106.6 billion. Comprehensive Assessment The current market is driven by the interplay of three forces: in the short term, Iran's geopolitical risks remain the biggest price disruptor; in the medium term, Warsh's first policy statements after taking office will determine institutional capital flows; in the long term, Grayscale predicts Bitcoin will hit an all-time high in the first half of 2026, as deep integration between traditional finance and public chain ecosystems ushers in the "institutional era." $BTC $ETH $SOL

Analysis BILL/USDT 📊 Current Data • Current Price: $0.13717 (Today +15.67%) • 24h High/Low: 0.13997 / 0.11100 • 24h Trading Volume: 2.4361 million USDT • RSI (6/12/24): 75.63 / 67.38 / 62.29 🔍 Technical Analysis Trend: Strong rebound from the low of 0.06 range, currently in a short-term uptrend. SAR: 0.11897 — Price above SAR → Trend remains bullish Resistance / Support: • Resistance: 0.13820 • Support: 0.13010 RSI Analysis: • RSI6: 75.63 → Short-term overbought • RSI12: 67.38 → Neutral to slightly hot • RSI24: 62.29 → Still room to rise Candlestick Pattern: After pulling back from the high of 0.15382, price consolidates sideways and is currently attempting to break through the 0.13820 resistance. 📈 Long Strategy (LONG) • Entry: Stabilize on a pullback to the 0.13010 – 0.13200 support zone • Stop Loss: Below 0.11897 (below SAR) • Take Profit 1: 0.13820 (Resistance) • Take Profit 2: 0.14500 – 0.15000 • Take Profit 3: 0.15382 (Previous High) • Risk-Reward Ratio: About 1:2.5 ✅ Long is valid if price retests support at 0.13010 and bullish confirmation candlesticks appear 📉 Short Strategy (SHORT) • Entry: After encountering resistance in the 0.13820 – 0.13997 zone • Stop Loss: Above 0.14300 • Take Profit 1: 0.13010 (Support) • Take Profit 2: 0.12000 • Take Profit 3: 0.11897 (SAR level) • Risk-Reward Ratio: About 1:1.8 ✅ Short is valid if bearish reversal candlesticks (engulfing, shooting star) appear at resistance ⚠️ Risk Warning • 7D / 30D / 90D / 180D data for this token are all “–” → Very new token, insufficient historical data • Relatively low liquidity, watch out for slippage • Chart shows large spikes (0.15382 high), indicating high manipulation risk • SAR is still in an uptrend, but RSI6 has entered overbought zone #TrumpRejectsIranDeal #WarshTakesFedChair #BitcoinETFMSBTStreak $PARTI $UB $TRUTH

Analysis PARTI/USDT 📊 Current Data • Current Price: $0.06495 (Today +18.28%) • 24h High/Low: 0.06828 / 0.05379 • RSI (6/12/24): 79.47 / 78.70 / 74.87 🔍 Technical Analysis Trend: Strong short-term uptrend, but signs of pullback after a wick. Bollinger Bands: • Upper Band: 0.06208 | Lower Band: 0.05629 • Price has broken above the upper band → short-term overbought SAR: 0.05851 — Price above SAR → trend remains bullish Resistance / Support: • Resistance: 0.06515 • Support: 0.06075 RSI for all three periods above 74 → clearly in overbought territory 📈 Long Strategy (LONG) • Entry: Pullback to 0.0620 – 0.0630 range • Stop Loss: Below 0.05850 (below SAR) • Take Profit 1: 0.06828 (previous high) • Take Profit 2: 0.07200 – 0.07500 • Risk-Reward Ratio: about 1:2 ✅ Long is valid if price retests support at 0.06075–0.06208 and stabilizes 📉 Short Strategy (SHORT) • Entry: After encountering resistance in the 0.06515 – 0.06828 range • Stop Loss: Above 0.07000 • Take Profit 1: 0.06075 • Take Profit 2: 0.05850 (SAR level) • Risk-Reward Ratio: about 1:1.5 ✅ Short is valid if bearish reversal candlesticks (engulfing, shooting star) appear at resistance ⚠️ Risk Warning • This token is marked as a new coin → low liquidity, prone to pump/dump • 24h trading volume only about 205,300 USDT → wide spreads, high slippage • Significant losses over 90 and 180 days (-34% / -37%) → long-term trend remains bearish • RSI overbought → not recommended to chase the rally, wait for pullback $BILL $UB $TRUTH

📊 Market Cryptocurrency (OKX – Spot and Futures) Futures – Today's Gainers: • PARTIUSDT (Particle Network): +19.58% | Price $0.06566 • BILLUSDT (Billions Network): +15.53% | Price $0.137 • UBUSDT (Unibase): +14.43% | Price $0.15039 • TRUTHUSDT (Swarm Network): +9.34% • OPGUSDT (OpenGradient): +8.96% • HUSDT (Humanity Protocol): +8.22% • ANTHROPICUSDT: +0.72% | Price $1,673 — Perpetual/Pre-launch • OPENAIUSDT: +1.95% | Price $1,517 — Perpetual/Pre-launch • SPACEXUSDT: -1.36% | Price $2,361 Spot – Today's Gainers: • PARTI/USDT (Particle Network): +19.70% • SONIC/USDT: +11.64% • MOVE/USDT (Movement): +6.61% • LDO/USDT (Lido DAO): +6.28% • ICP/USDT: +5.48% 🇮🇷 #TrumpRejectsIranDeal — US-Iran War Situation Escalates President Trump rejected Iran's counterproposal to end the ongoing 10-week Middle East war, calling it "completely unacceptable," while Tehran vowed "never to back down." The two sides held their first face-to-face talks on April 11 in Islamabad, Pakistan, lasting 21 hours but failed to reach an agreement, mainly because Iran refused to abandon its nuclear program. Trump stated he would continue the maritime blockade against Iran until a comprehensive nuclear weapons agreement is reached, describing Iran as "choking like a pig stuffed full." The US Central Command has devised a "brief and forceful" strike plan targeting Iranian infrastructure in case negotiations collapse. Israeli Prime Minister Netanyahu also confirmed the war is "not over yet," while the blockade of the Strait of Hormuz has caused a sharp rise in global energy prices. 🏦 #WarshTakesFedChair — New Federal Reserve Chair to Assume Office In June 2026, Kevin Warsh will succeed as Federal Reserve Chair. Current Chair Jerome Powell's term expires on May 15, and the Senate is expected to confirm Warsh's appointment that week. Warsh, nominated by Trump to replace Powell, has been approved by the Senate Banking Committee along party lines with 13 Republicans in favor and 11 Democrats opposed, and is now awaiting full Senate confirmation. Warsh has proposed a new "Fed/Treasury agreement" that could impact the Fed's balance sheet, raising concerns among several former Fed officials about the central bank's independence. ₿ #BitcoinETFMSBTStreak — Morgan Stanley Bitcoin ETF Sets Record The Morgan Stanley Bitcoin Trust (MSBT) completed its first trading month without a single day of net redemptions, recording 17 days of net inflows, 5 days flat, with cumulative net inflows of approximately $193 million and assets under management exceeding $240 million. MSBT was listed on April 8, 2026, as the first Bitcoin spot ETF issued by a major US bank, with an annual fee of only 0.14%—the lowest in the market, below BlackRock's IBIT (0.25%) and Grayscale (0.15%). From a broader perspective, 13 US Bitcoin spot ETFs have recorded net inflows for six consecutive weeks as of May 8, accumulating over $3 billion in inflows, marking the longest continuous weekly inflow streak since last summer.

🛢️ In-Depth Analysis Report Oil Market and Iranian Diplomatic Developments — May 11, 2026 1. Sharp Drop in Oil Prices: A Tug of War Between Two Forces Current Market WTI crude oil is priced at $97.73 per barrel, Brent crude at $101.84 per barrel, both down $0.7 today, continuing last week's decline. As traders struggle to digest conflicting signals from US-Iran negotiations and ongoing Middle East conflicts, WTI fell about 7% cumulatively last week. Although Brent crude remains above the $100 mark, it has dropped about 6% last week despite prices still being in the historically high range since the outbreak of conflict. Why are oil prices falling despite ongoing war? The market is caught between two opposing forces: Downward Pressure: Recession Concerns: The IMF warns that under a pessimistic scenario, global economic growth may be only 2% over the next two years, with inflation exceeding 6%. Energy-importing low-income economies face the harshest impact. The US Energy Information Administration (EIA) has lowered its 2026 global oil demand growth forecast to 600,000 barrels per day, half of the previous 1.2 million barrels, reflecting advancing energy-saving measures and refined product supply shortages. Upward Support: Supply Shortages: The International Energy Agency (IEA) warns that the conflict has disrupted about 14 million barrels per day of global oil supply, and the post-conflict capacity recovery is expected to be quite slow. EIA forecasts Brent crude will peak at $115 per barrel in Q2 2026, then gradually decline as the Strait of Hormuz supply route recovers, falling below $90 in Q4 2026. How long will the downtrend last? Current market trading logic is more based on supply panic than optimistic demand expectations. Due to ongoing recession fears suppressing long-term bullish entry, market volatility may remain high in the coming weeks. Conclusion: If Iranian negotiations make positive progress, short-term downward pressure will continue. However, if military conflict escalates again, oil prices could quickly rebound to the $110–115 range. 2. Iran Strengthens Diplomatic Offensive: Hardline or Opening the Door? Diplomatic Statement Against Bullying Iranian Foreign Ministry spokesperson Bagheri emphasized that the Iranian people will never succumb to bullying and will continue to resist military aggression from the US and Israel. He pointed out that US officials keep slandering Iran precisely because Iran refuses to bow. Strong Condemnation of "Pirate Actions" Bagheri strongly responded to the US president publicly labeling the seizure of Iranian ships as "pirate actions" and taking pride in it, calling it a "direct admission of the criminal nature of the US violation of international maritime law." Negotiation Channels Remain Open Despite tough rhetoric, Tehran has not closed the door to negotiations: Bagheri confirmed that Iran is reviewing US proposals transmitted via Pakistan, with talks focusing on Iran's "14-point plan." He stated that after Iran completes its final response, it will inform the Pakistani mediator, and subsequent steps will depend on the information exchange results. #TrumpRejectsIranDeal #WarshTakesFedChair

📊 OPENAIUSDT Technical Analysis — Pre-market May 11, 2026 1. Token Basic Information OPENAIUSDT is a Pre-IPO pre-market perpetual contract officially launched by OKX on May 7, 2026, at 09:15 UTC, currently live for only 4 days. This product is a USDT-settled perpetual contract, trading 24 hours a day, with leverage ranging from 0.01x to 5x. Users do not hold any real equity; they only trade the price fluctuations caused by changes in OpenAI's pre-IPO valuation. Regarding actual valuation: OpenAI just completed the largest financing in history, raising $122 billion, with a post-investment valuation of $852 billion, monthly revenue of $2 billion, and ChatGPT boasting over 900 million weekly active users. OpenAI's IPO is targeted for Q4 2026, aiming for a $1 trillion valuation, with Goldman Sachs, JPMorgan, and Morgan Stanley serving as joint advisors. 2. Technical Analysis Current price: ¥1,573.2 (Today +5.71% / +5.86%) 24h high: 1,605.0 | 24h low: 1,420.3 SAR: 1,161.8 | Support: 1,416.0 | Resistance: – (not yet established) Volume: 2.32N OPENAI / 36,500 USDT Candlestick analysis: • Chart shows extreme price volatility at open: surged from a low of about 1,115 to a high of 1,718.4 before pulling back to 1,573 — amplitude over 54% within a few days of launch • Current trend is a strong rebound from the 1,115 low, with multiple consecutive bullish candles pushing upward • Resistance level not yet established (shown as “–”) → currently in a full price discovery phase, no historical technical reference • RSI = 0.00 → pre-market phase, insufficient data to calculate RSI • SAR at 1,161.8, well below current price → short-term momentum favors bulls • Today's gain +5.86%, market also strengthening simultaneously → OPENAI is leading this rally 3. Analysis of Three Major Hot Events Impact 🔴 #TrumpRejectsIranDeal → Neutral to bullish • Unlike SpaceX, OpenAI does not rely on fuel or physical supply chains • Ongoing war → AI demand surges in military, intelligence, and geopolitical analysis sectors • Geopolitical instability → capital flows from traditional assets to tech/AI sectors — positive for OpenAI narrative • ➡️ This is the core reason OPENAIUSDT outperformed SPACEXUSDT today (+5.71% vs +0.16%) ₿ #BitcoinETFMSBTStreak → Positive bullish • Overall market risk appetite rebounds → speculative funds flood into Pre-IPO concepts and other high-volatility assets • Among the three contracts (SpaceX, OpenAI, Anthropic), OPENAIUSDT is the most attractive due to the strongest AI narrative • ➡️ Improved market liquidity supports price holding at high levels 🏦 #WarshTakesFedChair → Medium to long-term bullish • Market expects lower interest rate center → growth stocks/AI sector valuations rise (higher P/S ratios more acceptable) • OpenAI expects a $14 billion loss in 2026, with no profit expected before 2030 → highly sensitive to interest rates; Warsh’s dovish stance is a major positive • ➡️ Provides fundamental support for OpenAI IPO to reach trillion-dollar valuation 4. Long and Short Trading Plans 🟢 Long Plan • Entry range: 1,420 — 1,480 (near 1,416 support and 24h low) • Confirmation signal: bullish candle with long lower shadow + volume above average • Stop loss (SL): 1,340 (break below 1,350 structural support) • Take profit 1 (TP1): 1,605 — 24h high • Take profit 2 (TP2): 1,718 — all-time high since launch • Take profit 3 (TP3): 2,000 — next psychological integer level • Risk-reward ratio: approx. 1 : 4.2 • Trigger conditions: BTC holds above 80,000 + positive OpenAI IPO news 🔴 Short Plan • Entry range: 1,680 — 1,720 (retest of 1,718 previous high, confirming resistance reversal) • Confirmation signal: bearish candle with long upper shadow + significant volume contraction • Stop loss (SL): 1,780 (break above all-time high) • Take profit 1 (TP1): 1,573 — current price • Take profit 2 (TP2): 1,416 — main support level • Take profit 3 (TP3): 1,200 — initial bottoming area • Risk-reward ratio: approx. 1 : 2.6 • Trigger conditions: BTC falls below 78,000 or negative OpenAI IPO developments $SOL $LAYER $SUI

📊 SPACEXUSDT Technical Analysis — Pre-market May 11, 2026 1. Technical Interpretation Current Price: ¥2,398.4 (+0.16%) Resistance: 2,560.8 | Support: 2,250.8 SAR: 1,621.6 | 24h Range: 2,271.8 — 2,762.0 Candlestick Interpretation: • Price once surged to 2,997.6, approaching the 3,000 psychological level before sharply reversing, forming an unusually long bearish candle • Current price is consolidating around 2,398, between resistance and support levels • RSI6, RSI12, RSI24 all at 0.00 → Currently pre-market phase, not yet opened, liquidity extremely low (24h volume only 10.79N) • SAR at 1,621.6, far below current price → Long-term technical trend remains bullish • 7D, 30D, 90D, 180D data all show “–” → This contract has been listed for a very short time, insufficient historical data 🔴 #TrumpRejectsIranDeal → Short-term bearish • Iran war continues → Fuel costs soar → SpaceX rocket launch and operation costs significantly increase • Diplomatic deadlock persists → Geopolitical risks rise → Speculative funds withdraw from concept assets like SPACEXUSDT • Strait of Hormuz blockade → Satellite component supply chain disrupted • ➡️ This partly explains why the price sharply dropped from the high of 2,997 to 2,398 ₿ #BitcoinETFMSBTStreak → Neutral to bullish • Institutional funds continue flowing into Bitcoin ETFs → Risk appetite spreads across the crypto market, including pre-market contracts like SPACEX • However, MSBT is a traditional Wall Street product → Funds prioritize BTC, with limited spillover to concept altcoins • ➡️ Support price has not broken 2,250 support, but there is insufficient momentum to break 2,560 resistance 🏦 #WarshTakesFedChair → Medium to long-term bullish • Market expects Warsh to be more dovish than Powell → Rate cut expectations rise → Market liquidity improves • But Powell remains Fed governor → Rate cut path will not be smooth, market expectations need rational adjustment • Long-term low interest rate environment → Favorable for highly speculative assets like SPACEXUSDT • ➡️ This is a medium-term support factor, not yet fully reflected in price in the short term 🟢 Long Strategy — SPACEXUSDT • Entry range: 2,250 — 2,320 (wait for price to pull back to support zone and confirm reversal signal) • Confirmation signal: Appearance of bullish candle with long lower shadow + significant volume increase • Stop loss (SL): 2,180 (support structure effectively broken) • Take profit 1 (TP1): 2,560 — major resistance • Take profit 2 (TP2): 2,762 — 24h high • Take profit 3 (TP3): 2,997 — previous high / 3,000 psychological level • Risk-reward ratio: about 1 : 3.2 • Trigger conditions: Positive signals in Iran negotiations or BTC breaks above 82,000 🔴 Short Strategy — SPACEXUSDT • Entry range: 2,540 — 2,560 (wait for price to rebound to resistance zone and confirm rejection signal) • Confirmation signal: Appearance of bearish candle with long upper shadow + significant volume contraction • Stop loss (SL): 2,620 (resistance structure effectively broken) • Take profit 1 (TP1): 2,380 — near current price • Take profit 2 (TP2): 2,250 — major support • Take profit 3 (TP3): 2,000 — round psychological level • Risk-reward ratio: about 1 : 2.8 • Trigger conditions: Further deterioration of Iran situation or BTC falls below 78,000 $BTC $ETH $SOL

📰 Midday Comprehensive News Brief — May 11, 2026 🔴 1. Trump Rejects Iran Ceasefire Proposal, Deadlock Escalates President Trump has just flatly rejected Iran's latest response, declaring on social media that the proposal is "completely unacceptable!" and accusing Tehran of "playing games with the U.S. for 50 years." Iran refused U.S. demands regarding its nuclear program and high-enriched uranium stockpiles, instead proposing separate negotiations and agreeing only to dilute some uranium rather than fully dismantle nuclear facilities as Washington requested. On the U.S. side, Trump clearly stated that the maritime blockade on Iran will remain until a nuclear deal is reached. According to three insiders, the U.S. Central Command has developed a "short and intense" airstrike plan aimed at breaking the negotiation deadlock. This deadlock casts a shadow over the upcoming Beijing summit between Trump and Chinese President Xi Jinping, with the Iran conflict expected to be a central topic. 🏦 2. Warsh to Succeed Powell as Fed Chair The Senate is set to hold a full vote today (May 11) to confirm Kevin Warsh as the new Federal Reserve Chair, just days before Powell’s term expires on May 15. The Senate Banking Committee previously approved Warsh’s nomination along party lines, 13 to 11. Although Powell will step down as Chair, he announced he will remain on the Fed Board of Governors, retaining voting rights on interest rates until his term ends in 2028. Warsh will face strong internal resistance if he seeks to cut rates early, especially given that inflation exceeded the Fed’s 2% target before the Iran war broke out, and now rising oil prices are worsening the inflation outlook. ₿ 3. Morgan Stanley Bitcoin ETF (MSBT) Sets Zero Redemption Record The Morgan Stanley Bitcoin Trust (MSBT) completed its first trading month without a single day of net redemptions. It recorded positive inflows on 17 days and was flat on 5 days. Currently, the fund has net inflows of about $193 million and manages assets exceeding $240 million. MSBT officially launched on April 8, 2026, as the first spot Bitcoin ETF offered by a major U.S. bank, with an annual fee of only 0.14%, the lowest in the market—lower than BlackRock’s IBIT (0.25%) and Grayscale (0.15%). As of May 8, MSBT recorded another $7.35 million inflow, bringing total assets under management to approximately $233.9 million, with Bitcoin priced around $80,799 at that time. 📊 Market Snapshot (OKX Screenshots) From two OKX screenshots, the top gainers in the futures market today include MOVE (+11.71%), OPG (+11.70%), KITE (+7.70%), and OPENAI (+5.71%). In the spot market, MOVE continues to lead with +14.19%, followed by SONIC (+9.28%) and KITE (+7.48%). With institutional capital continuously flowing into Bitcoin ETFs and rising expectations for the new Fed policy, risk appetite is clearly heating up. $BTC $ETH $SOL #TrumpRejectsIranDeal #WarshTakesFedChair #BitcoinETFMSBTStreak