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Click on the link to enter the meeting: https://meeting.tencent.com/p/9850662513 Today (May 14th), the overall sentiment in the cryptocurrency market was bearish, mainly due to the dual impact of rising expectations of macro interest rate hikes and obstacles in regulatory bill negotiations. The following is a specific summary of the message: Overall market trend ·The overall market fell: Bitcoin fell below the key level of $80000 and is currently hovering around $79000; Ethereum also fell behind the $2300 support. 【 Explosive data 】 ·Tragic Purge: Over the past 24 hours, the entire network has experienced a stock explosion of approximately 312 million US dollars, affecting more than 110000 investors. ·Long short comparison: Long positions are the hardest hit area, with a long position explosion of about $244 million (78%), and market sentiment turning pessimistic. Core driving factors 1. Macro "black swan": The Producer Price Index (PPI) in the United States surged by 6% year-on-year in April, far exceeding expectations. This has raised the market's expectation of a rate hike in 2026 to about 50%, suppressing risky assets such as Bitcoin. 2. Regulatory "Hanging Sword": The CLARITY Act (Crypto Market Structure Act), which was originally beneficial to the market, has been stalled in the Senate due to controversies over stablecoin rules, exacerbating uncertainty. 3. Technical selling pressure: When the price falls below 80000, a large number of programmed stop loss orders are triggered. If it continues to fall to $78000, it may trigger a new round of long liquidation of up to $844 million. Potential turning point Despite the pessimistic sentiment, the Senate's vote on the CLARITY bill tonight (May 14th) remains a key variable. If unexpectedly approved, some analysts believe that Bitcoin may quickly rebound to around $90000; If it fails, it may continue the downward trend. The current market is volatile with high short-term uncertainty, so it is important to pay attention to risk control in operations. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 QQ group number: 2166065873 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
