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According to Bitget market data, preOPAI reached a high of $807.92 after its launch, currently reported at $791.03, with a 24-hour increase of 9.08% and a 24-hour trading volume of 3.9076 million USDT.

According to Businesswire, Nasdaq-listed company Datavault AI announced its business update for the first quarter of 2026, revealing that the company has signed over $800 million in tokenized contracts, with approximately $100 million in fees expected to be recognized in 2026, achieving about $75 million in new contract scale for the first quarter, further validating institutional demand for RWA (real-world asset) tokenization platforms.In terms of assets and financing, the company has strengthened its balance sheet through a $60 million private placement and an additional $120 million in non-dilutive financing, while advancing the expansion of the SanQtum AI infrastructure platform across the United States, and plans to expand its quantum-secure GPU edge network by the end of 2026, deploying approximately 48,000 GPUs.

According to SoSoValue data, the cryptocurrency market is generally in a pullback, with the NFT sector leading the decline at 3.95% over 24 hours. Within the sector, Audiera (BEAT) rose by 6.27%, while ApeCoin (APE) fell by 4.64%. Additionally, Bitcoin (BTC) dropped by 1.93%, falling below $80,000; Ethereum (ETH) decreased by 1.23%, dropping below $2,300.In other sectors, the Meme sector fell by 0.25% over 24 hours, with TROLL (TROLL) relatively strong, rising by 24.93%; the CeFi sector declined by 0.6%, with Cronos (CRO) down by 5.54%; the PayFi sector decreased by 1.69%, with Dash (DASH) down by 6.84%; the Layer1 sector fell by 2.15%, but Canton Network (CC) rose by 1.45%; the DeFi sector dropped by 3.16%, with LAB (LAB) significantly rising by 22.84%; the AI sector decreased by 3.57%, with Unibase (UB) peaking at 32.63% during the day; the Layer2 sector fell by 3.6%, with zkSync (ZK) down by 8.37%.The cryptocurrency sector indices reflecting historical market trends show that the ssiRWA, ssiAI, and ssiSocialFi indices fell by 9.26%, 9.25%, and 8.42%, respectively.

According to QCP Capital analysis, BTC is currently consolidating around $82,000, close to the 200-day moving average, with $80,000 support holding steady, but the $84,000 resistance above has not yet been broken. The core CPI for April year-on-year is 2.8%, slightly above expectations, mainly driven by housing costs (owner's equivalent rent), while core goods inflation remains sluggish, and the transmission of tariffs has not yet fully spread.Core services (excluding housing) inflation has accelerated for three consecutive months, combined with China's PPI turning positive for the first time in 41 months, the global commodity deflation dividend may be fading, and the threshold for the Federal Reserve to cut interest rates has been raised further. The market is currently focused on three major catalysts: the meeting between Trump and Xi Jinping in Beijing (involving trade, rare earths, and Middle East issues), the release of PPI data, and the Senate Banking Committee's review process of the CLARITY cryptocurrency regulatory bill. Before these catalysts materialize, spot prices may continue to fluctuate within a range, with volatility remaining low.

The U.S. April CPI data reached a three-year high, raising concerns in the market about the Federal Reserve's potential rate hikes. Both the U.S. stock market and bond market came under pressure, but Bitcoin performed relatively well. Data shows that the core CPI in the U.S. rose by 0.4% month-on-month in April, higher than the market expectation of 0.3%, and increased to 2.8% year-on-year; the overall CPI, which includes energy prices, rose by 3.8% year-on-year, up from the previous value of 3.3%, marking the highest inflation level since May 2023.As a result of the data, the market quickly adjusted its expectations for the Federal Reserve's policy path. CME FedWatch data shows that traders are currently betting on a probability of over 35% for at least one rate hike within 2026, whereas just a few weeks ago, the mainstream market expectation was still for a rate cut within the year. Risk assets subsequently fell, with the Nasdaq index dropping over 1.3% and U.S. Treasury yields rising in tandem. However, the cryptocurrency market showed some resilience. Bitcoin remained above $80,000 after the data was released, currently reported at around $80,500, essentially flat over the past 24 hours; Ethereum and XRP fell by about 2.5%.

Bitfinex Alpha's latest report indicates that after entering May, BTC successfully broke through the dense selling pressure zone of $78,000 to $79,000, briefly approaching $83,000. This round of increase is mainly driven by spot demand rather than leveraged funds. Since May 8, the spot CVD (Cumulative Volume Delta) has significantly risen, showing that buyers are continuously taking orders and absorbing market supply.ETF capital inflows and public market increases have become the main driving forces, while long-term holders have now accumulated nearly 4 million BTC, marking the largest increase since the pandemic crash in 2020, which means that the circulating chips in the market are being further locked up. The market currently expects about a 94% probability that the Federal Reserve will maintain interest rates in June. In the context of macroeconomic uncertainty, institutional funds continue to position themselves in the crypto market.

Bitcoin fell below the $80,000 mark this week, following a five-day streak of net inflows into spot ETFs, as the market's rebound momentum from February's lows showed signs of cooling. The U.S. April non-farm payroll data added 115,000 jobs, exceeding the expected 62,000, while the unemployment rate remained at 4.3%. Although the overall data was relatively strong, it did not significantly alleviate market concerns about macroeconomic uncertainty; instead, it reinforced expectations that "energy-driven inflation limits the space for interest rate cuts."In terms of capital flow, the spot Bitcoin ETF saw a net outflow of $277 million on Thursday, ending a previous cumulative inflow of $1.69 billion; the Ethereum ETF also recorded a net outflow of $104 million on the same day, indicating a short-term cooling of institutional risk appetite. On the geopolitical front, tensions between Iran and the U.S. have escalated again, prompting the market to reprice the risks in the Strait of Hormuz, leading to a rebound in oil prices, which partially offset the support that previous risk assets received from the decline in oil prices.The derivatives market shows a more long-term hawkish outlook, with interest rate futures pricing in over a 50% probability of rate hikes beyond 2027, suggesting that the easing cycle may be delayed until 2028. On-chain data indicates that the current rise in Bitcoin is primarily driven by institutional spot buying and short covering, with retail participation remaining relatively low, and funding rates maintaining a moderate level, resulting in a weak market momentum structure. Analysts believe that if retail funds do not return, BTC may still face the risk of testing the support range of $75,000 to $78,000.

This week, the cryptocurrency market has reached a critical turning point, with market sentiment significantly improving. BTC successfully broke through $82,000, reaching a nearly three-month high, and firmly established a key support level at $81,000.On May 5, the U.S. spot BTC ETF recorded a net inflow of $467 million, with BlackRock contributing $251 million; on May 6, the ETH ETF also saw inflows exceeding $170 million for three consecutive days. The continued strength in capital indicates that institutional allocation has shifted from "experimental attempts" to strategic "core asset allocation."Against this backdrop, Gate has continuously optimized its institutional-level service system. With the SuperLink architecture and excellent cross-platform capital scheduling capabilities, Gate provides high-performance matching and deep liquidity support for institutional investors. To address the core demands of professional investors for compliance, security, and asset diversification, the platform offers a one-stop custody solution covering crypto assets, CFD contracts, perpetual contracts, and spot tokens.At the same time, Gate has built a comprehensive derivatives matrix covering stocks, metals, indices, foreign exchange, and commodities, helping global institutions achieve efficient strategy execution and risk management in a structural bull market.

According to Coinglass data, despite Bitcoin recently firmly standing above $80,000, the Coinbase Bitcoin premium index has started to turn negative. For most of April, the Coinbase Bitcoin premium index remained in positive territory.In addition, the IFP index, which reflects market participants' risk appetite and the direction of capital flows, has fallen below the 90-day moving average, indicating to some extent that Bitcoin is flowing back from derivatives exchanges to spot exchanges, suggesting a weakening of speculative interest and risk aversion, which typically corresponds to bearish/risk-averse sentiment.

According to Coinglass, this morning, Bitcoin surged strongly, returning to the $80,000 mark after 3 months, rising 1.56% in 1 hour. As a result, nearly $106 million was liquidated across the network in about 1 hour.Among them, short positions accounted for $104 million in liquidations. The largest single liquidation was for the Ethereum contract on Binance, with a liquidation amount of $11.7717 million.

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.

Multiple data points indicate that $80,000 is the next target for Bitcoin. Bitcoin rose 2.52% on Friday after holding support at the 100-day exponential moving average (100-EMA). Meanwhile, buying volume in the spot market increased, with the cumulative volume delta (CVD) reaching 11,500 BTC, the highest level since February 17.BTC futures activity is also heating up, with open interest rising 6.64% to 257,000 BTC, indicating new positions are being established. After testing the daily trend over the past two days, Bitcoin rebounded from the 100-day EMA. This pushed the price up 2.52% to $78,800 on Friday, maintaining a solid short-term upward trend. The 100-day EMA, currently acting as dynamic support on the daily chart, suggests that higher time frame charts remain bullish. Spot demand is also strengthening. The CVD tracking net buys and net sells in the spot market reached 11,500 BTC, a new high since February 17, indicating that buyers have absorbed supply during the recent pullback.Derivatives positions are expanding in sync with prices, showing new participants entering the market. Over the past 24 hours, total open interest rose 6.64% to 257,000 BTC, indicating that new positions are being established while Bitcoin consolidates below $80,000. This follows a recent liquidation of about 9,000 BTC in leverage, suggesting that excess positions have been cleared as the leveraged market rebuilds. Futures volume has returned to 98,300 BTC, signaling a return of net buying pressure. However, it remains below the levels seen during the pullback on April 27. Meanwhile, liquidity continues to accumulate in the $78,000 to $80,000 range, with about $2.1 billion in short positions facing risk, which could trigger a short squeeze near this key level.Institutional activity is also leaning supportive. The 30-day change in OTC balances has dropped to about -20,700 BTC, comparable to levels in March 2025, with the decline in balances indicating that BTC is flowing out of over-the-counter markets, reducing the immediately available supply. ETF fund flows show a similar pattern, with ETF inflows in April reaching $1.97 billion.

According to market news, the U.S. PCE inflation data is about to be released, combined with rising international oil prices and climbing U.S. Treasury yields, which continue to suppress the performance of risk assets. Currently, Bitcoin is facing significant resistance around the $80,000 mark, while the derivatives market continues to signal risk aversion.Analysis indicates that the cost basis for short-term holders is concentrated around $80,000. If the price breaks through this level, it may trigger profit-taking selling pressure, thereby limiting further upside potential. In addition, Bitwise researcher Luke Deans pointed out that the current 180-day correlation and Beta quantile of altcoins with Bitcoin are close to 97% and 99%, respectively, indicating that most tokens will still behave as "high-leverage versions of Bitcoin."

Category Labs today announced that it is expanding its potential public market purchase authorization limit to $80 million and extending the repurchase period until the end of 2026.Category Labs stated that any repurchase actions will be carried out opportunistically based on market conditions and may be initiated, suspended, or terminated at the company's discretion, while strictly adhering to relevant laws and regulations. This update does not constitute a commitment to repurchase any specific number of tokens but reflects the company's intention to consider opportunistic purchases under favorable market conditions.

Bitcoin recently rebounded to a high of $79,477 before falling back, currently hovering around $77,000. Data from the options market shows that traders are intensively positioning around the $80,000 line, creating what analysts call the "electric fence" effect—between $80,000 and $82,500, a large number of short positions have accumulated, forming strong resistance; while the $76,000 to $77,000 range is a concentrated area of liquidation risk for bulls, putting the price in a state of dual pressure.From a fundamental perspective, the market is not lacking in support for long positions: net inflows into Bitcoin spot ETFs exceed $2 billion, Strategy has repurchased 34,000 BTC in a single month, and an ETF under Morgan Stanley has attracted $153 million within two weeks of its launch. USDC reserves on Binance have risen from a low of $3 billion in March to $7.5 billion. However, macro pressures have not yet cleared. The expectation for interest rate cuts by the Federal Reserve is nearly zero, and geopolitical situations continue to disturb risk appetite, with the cumulative funding rate still close to -4.5%, indicating an overall bearish sentiment in the derivatives market. Analysts judge that $80,000 is not a valuation anchor, but rather a liquidity threshold built up by leveraged positions. Whether it can be effectively broken will largely depend on this week's Federal Reserve meeting and inflation data as catalysts.

Bitcoin fell below $76,000 after failing to break through $80,000, with uncertainties surrounding the reopening of the Strait of Hormuz and the macroeconomic situation unsettling the market.Meanwhile, technical indicators and on-chain data provide mixed signals regarding whether BTC can sustain this round of rebound. Bitcoin recorded a 30% recovery after hitting a low below $60,000 on February 6, but it stalled under selling pressure in the supply zone between $78,000 and $80,000. This range also coincides with the current 20-week exponential moving average (EMA), reinforcing the significance of this resistance level.Michael van de Poppe, founder of MN Capital, stated that the current pullback is "typical behavior" ahead of the FOMC meeting. He added, "I believe we are still in a phase of strong market conditions." On the support side, Bitcoin has tested the support level at $75,500, which also serves as the lower boundary of the 20-day EMA, 100-day EMA, and an upward channel.Glassnode's UTXO Realized Price Distribution (URPD) data shows that direct resistance is around $78,000, where investors hold 335,650 BTC; the average purchase price of about 298,560 BTC is $75,500, forming a key support level.On the on-chain front, Glassnode data indicates that the Bitcoin market exhibits "a coexistence of bullish momentum and cautious sentiment." The spot CVD (Cumulative Volume Delta) rose from $18.3 million to $54.8 million, with an increase of nearly 200% over the past week, reflecting strong bullish sentiment among market participants. However, spot trading volume decreased by 13.8% from $6.95 billion a week ago to $5.99 billion, "indicating a reduction in market activity." During the same period, the number of daily active addresses fell by 1.6%, showing a more subdued network participation.

Crypto analyst Murphy posted on the X platform, stating that by overlaying three sets of data (Options Gamma Exposure, Options Open Interest by Strike Price, Options ATM Implied Volatility), the impact on BTC from an options perspective shows that $80,000 is currently the first effective resistance above BTC. This position simultaneously has high Call OI, positive Gamma, and low IV conditions.As the price moves upward, the dynamic hedging of market makers can easily create selling pressure; the lower the IV, the higher the marginal sensitivity of market makers to hedge adjustments. Therefore, the thickness of this wall (OI of 7,200 BTC + positive Gamma magnitude) makes $80,000 a "hard nut to crack" in May. Once it breaks through and approaches $82,000, due to the presence of a larger scale of negative Gamma (OI of 4,644 BTC), the market may quickly switch from being suppressed to "amplified volatility" mode.

According to Forbes, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission, recently reiterated the advancement of "Project Crypto" and announced that he will work with the U.S. Commodity Futures Trading Commission (CFTC) to develop a classification framework for digital assets, clarifying when tokens are recognized as securities, while also introducing an "innovation exemption" to support on-chain trading of tokenized securities.The market views this as one of the most proactive shifts in crypto regulation in the history of the SEC, marking its formal abandonment of the old model of "regulation by enforcement" in favor of clear rule-making. This move may signal a stronger entry point for institutional capital that has been on the sidelines for a long time and could drive the price of Bitcoin back above $80,000. Currently, the price of Bitcoin is around $77,586, and the market is paying attention to Paul Atkins' further statements at the Bitcoin 2026 conference in late April.

CryptoQuant analyst MorenoDV_ tweeted that if Bitcoin can rise above and hold the $80,000 mark, this position will turn from resistance to support; conversely, if it encounters rejection and falls back, it will confirm $80,000 as a significant selling pressure area, potentially extending the adjustment period into the second quarter.Currently, the realized price for BTC ETF investors is about $76,400, which is close to the spot price (around $76,300), marking the first time since January 30 that it has approached the breakeven point; short-term holder whales have a realized price around $79,600 and are currently facing an unrealized loss of about $9.4 billion.MorenoDV_ pointed out that historically, when these trapped funds are finally released, it often triggers significant selling pressure. Bitcoin is currently fluctuating in the $76,000-$80,000 range, where $80,000 is not only an important psychological level but also a common breakeven and release threshold for these two major groups.