favorable

According to Decrypt, the price of Bitcoin remains around $80,350, with a short-term increase of only 0.8%, continuing to face pressure after multiple attempts to break through the $82,000 resistance level failed. This range is seen as a combined resistance level of the ETF cost line, the 200-day moving average, and the CME gap filling area. Although the U.S. CLARITY Act has passed the Senate Banking Committee, bringing positive expectations for crypto regulation, institutional funds continue to withdraw.Data shows that the net outflow of the U.S. spot Bitcoin ETF has decreased to an average of -$88 million per day over the past seven days, marking the largest outflow since mid-February. Analysts believe that this round of selling pressure is more about "profit-taking" rather than panic selling. On a macro level, rising U.S. Treasury yields have become a core source of pressure. The yield on the U.S. 10-year Treasury bond has risen to about 4.52%, reaching a 10-month high, while the April CPI has increased by 3.8% year-on-year, the highest level in three years, further delaying market expectations for a Federal Reserve interest rate cut.Analysts point out that geopolitical conflicts are driving up energy prices, exacerbating inflationary pressures, thereby weakening the appeal of risk assets. From an institutional perspective, some analysts believe that the current outflow of ETF funds is part of portfolio rebalancing rather than a trend-based withdrawal.The options market shows that Bitcoin faces significant resistance in the $82,000-$84,000 range, while $77,000 is a key support level. If the price falls below this range and leverage does not cool down, the market may enter a deleveraging phase, increasing the risk of a correction.

According to CoinDesk, Ethereum application developer Consensys has postponed its potential IPO plans until at least the fall due to unfavorable market conditions. Consensys had planned to confidentially submit an S-1 registration statement to the SEC by the end of February this year and had hired JPMorgan and Goldman Sachs to lead the process.In February 2026, the cryptocurrency market saw a significant decline due to macroeconomic uncertainties, tariff concerns, and outflows from Bitcoin ETFs, leading several crypto companies to suspend their IPO plans. BitGo was the only crypto-native company to go public in 2026, but its stock price fell about 36% from its IPO price. A Consensys spokesperson stated that they do not comment on market speculation. Consensys completed a $450 million Series D funding round in early 2022, with a valuation of $7 billion.

According to Jinshi reports, Federal Reserve's Williams stated that U.S. monetary policy remains in a favorable position to respond to an uncertain economic environment.

According to Jinshi reports, New York Fed President Williams reiterated that monetary policy remains in a favorable position to address the threat of long-term supply shocks caused by the Middle East war. He stated that the current monetary policy stance can balance the risks to employment and inflation targets. Williams expects U.S. economic growth this year to be between 2% and 2.5%, with an unemployment rate of about 4.25% to 4.5%, and an inflation rate between 2.75% and 3%.

Tom Lee, chairman of BitMine, a company in the Ethereum treasury, stated in an interview with CNBC, "The reason the stock market remains resilient is that even in the face of war, the economy is actually performing better than expected." He pointed out that defense spending is currently about $30 billion per month and could rise to $60 billion per month in the future, which has a significant stimulating effect on the economy; meanwhile, the rise in oil prices by $20 per month only adds about $12 billion in burden to households, "Overall, the war is actually helping corporate profits right now."Tom Lee cited historical precedents, saying, "Looking back at World War II, the stock market bottomed out in May 1942, just five months after the U.S. entered the war, and at that time, no American troops had even set foot on the European or Pacific battlefields." He believes, "The market is very good at pricing in outcomes ahead of time; the current rise in the stock market means that the market is pricing in a favorable outcome, although I can't clearly articulate the specific reasons, but that's the signal conveyed by the market's performance."Regarding the three major variables in the current market— the Iran war, corporate earnings reports, and interest rates—Tom Lee stated, "Among the three, only war can create tail events in both directions, so this is the variable that deserves the closest attention." In terms of sector allocation, he remains bullish on the energy sector and pointed out that energy security is one of the most important structural themes in recent years.

According to CoinDesk, The Ether Machine, an Ethereum treasury company, announced on Friday that its $1.6 billion SPAC merger agreement with Dynamix Corporation (stock code: DYNX) has been terminated due to unfavorable market conditions.The merger agreement was initially disclosed in 2025, aiming to list The Ether Machine on Nasdaq under the stock code ETHM. The company is positioned as an Ethereum treasury and yield vehicle, generating returns through staking and DeFi strategies while holding a large reserve of Ethereum. According to CoinGecko data, The Ether Machine currently holds 496,712 ETH, valued at over $1.1 billion.The transaction garnered attention due to its scale, which included a $1.5 billion fully subscribed PIPE financing, described as the largest of its kind since 2021, in addition to approximately $170 million in the Dynamix trust account. The Ethereum holdings of the merged entity are expected to exceed 400,000 ETH, partly contributed by co-founder Andrew Keys' investment.In their termination statement, the two companies stated that this was "mutually agreed upon by both parties to terminate." According to documents filed with the U.S. Securities and Exchange Commission (SEC), as part of the termination agreement, Dynamix will receive $50 million in compensation within 15 days.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the Federal Reserve is currently in a favorable position to decide on future interest rate adjustments.

According to Jinshi reports, Federal Reserve official Williams stated that the current monetary policy is "in a favorable position" to support the Federal Reserve's goals.

According to Forbes, Trump recently warned that U.S. military actions against Iran could last more than five weeks, stating that "the real large-scale operations have not yet begun, and the big ones will come soon." The market believes that if the Middle East conflict becomes prolonged, it may drive up fiscal spending and increase the likelihood of the Federal Reserve easing monetary policy or even restarting large-scale liquidity injections, which could benefit cryptocurrencies like Bitcoin. Some aggressive predictions suggest that Bitcoin may hit highs of $200,000 to $500,000 within the year.Additionally, a potential financial crisis driven by artificial intelligence could trigger impacts more severe than those of 2008, also favoring Bitcoin to reach new historical highs. Analysts point out that geopolitical risks, expectations of fiscal expansion, and shifts in monetary policy are becoming important macro variables for the current market's bets on Bitcoin's upward movement.

According to Cointelegraph, NYDIG's research director Greg Cipolaro stated that if artificial intelligence disrupts the labor market or causes volatility that prompts central banks to ease monetary policy, Bitcoin will benefit. He pointed out that AI, as a "general technology," will transmit its effects on employment and economic growth to Bitcoin.If AI-driven growth is accompanied by liquidity expansion and controlled real interest rates, it will support Bitcoin; conversely, if it raises real yields and tightens policy, Bitcoin may come under pressure. If AI triggers labor disruptions and leads to monetary easing, liquidity injections will be favorable for Bitcoin. He acknowledged that the transition will bring challenges but expects AI to follow the "historical pattern" of technological development—integrating rather than displacing.

According to Jinshi, Goldman Sachs CEO Solomon stated that the current macroeconomic situation is very favorable for risk assets.

According to Jinshi reports, Federal Reserve Vice Chairman Jefferson stated that the current monetary policy of the Federal Reserve is "in a favorable position" to respond to potential future situations.

According to Jinshi, Federal Reserve Chairman Powell stated that the current Federal Reserve is in a favorable position to determine the magnitude and timing of additional interest rate adjustments, and the policy is not proceeding as planned.

According to Jinshi, U.S. Treasury Secretary Besant stated that the S&P 500 index has first crossed the 7,000 point mark, reflecting that we have implemented favorable policies for growth.

According to Jinshi Data, White House National Economic Council Director Hassett: After the Supreme Court's (unfavorable) ruling, Trump can immediately implement a 10% tariff.

According to Jinshi, Federal Reserve's Williams stated that the economic outlook for 2026 is "quite favorable," while noting that monetary policy is now closer to a neutral stance.

According to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) is currently fully controlled by the Republican Party and is expected to introduce cryptocurrency-friendly regulations by 2026. The agency will continue to implement last year's rule-making efforts that support cryptocurrencies, as Republicans are generally more favorable towards the cryptocurrency industry than Democrats.It is reported that the U.S. Senate is expected to vote on the cryptocurrency market structure bill soon.

The CEO of Charles Schwab, Rick Wurster, stated in an interview that the company is optimistic about Bitcoin's performance in 2026. Despite the recent market downturn, the macro environment for Bitcoin will become increasingly favorable due to factors such as quantitative easing policies, the Federal Reserve's bond purchasing program, and weak demand for U.S. government bonds.It is reported that Charles Schwab currently supports the purchase of Solana and Micro Solana futures products, and plans to launch spot cryptocurrency trading services in the first half of 2026.