Bassman

🛢️ 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

📊 Market Overview (Updated May 11, 2026) 💰 Major Cryptocurrency Prices Bitcoin is currently trading between $80,910 and $81,527, with a slight 24-hour increase of +0.94%. Ethereum is at $2,324 (+0.3%), Solana at $93.37 (-0.2%), and BNB at $648.93 (-0.1%). The overall market capitalization is approximately $2.81 trillion, showing a significant rebound after a $900 billion drop (about 20.4%) in Q1 2026. Bitcoin’s market dominance remains steady at 58.6%. 😨 Market Sentiment The Fear and Greed Index currently stands at 47 (neutral), rising 9 points in one day, marking the strongest sentiment recovery in weeks. A month ago, the index was only 16 (extreme fear), indicating a meaningful recovery over the past 30 days. 🏦 Institutional Inflows - Key Drivers The US spot Bitcoin ETF has recorded net inflows for 5 consecutive trading days, totaling nearly $1.7 billion. BlackRock (IBIT) continues to lead inflows. Net inflows for the week ending April 24 reached $823.7 million, the highest single-week inflow in 5 consecutive weeks. This slowed to $153.87 million for the week ending May 1, but the trend remains positive, not reversed. 📰 Important Market News 1. 🐂 Tom Lee Speaks at Miami Consensus 2026 Tom Lee of Fundstrat stated that if Bitcoin closes above $76,000 by the end of May, the bear market may be over. This would mark the third consecutive month of gains, something never seen during a bear market. He also emphasized that tokenization and AI-driven finance are the two core narratives driving the next bull market cycle. 2. 📈 TON (Toncoin) Surges TON rose approximately 94.6% over 7 days, reaching $2.59–$2.90, the highest level since September 2025. This rally is supported by the Telegram ecosystem, which has about 900 million monthly active users, creating real demand through payment features and mini-program ecosystems. 3. ⚠️ Market Mostly Down on May 10 On May 10, 2026, among 390 tracked tokens, 293 declined while only 97 rose. The biggest losers included ACAUSDT (-51.35%), DEGOUSDT (-50.88%), and SXPUSDT (-45%). 4. 🔧 Tokenization - The Biggest Trend Galaxy Digital and State Street launched a tokenized cash management fund for large investors. Coinbase partnered with Centrifuge protocol to bring ETFs on-chain. Bullish (BLSH) stock rose 12%, completing a $4.2 billion acquisition of Equiniti, marking its strategic shift from crypto exchange to capital markets infrastructure. ⚠️ Risks to Watch Analysts are closely monitoring: macro volatility around the new Federal Reserve leadership, uncertainty over the CLARITY Act (crypto regulation), and pressure from oil prices nearing $100 per barrel. Analyst Ben Cowen remains cautious: "Due to geopolitical tensions and the Fed delaying rate cuts, BTC may decline further this year." He views 2026 as a reset year rather than a record high year. Veteran trader Peter Brandt predicts BTC could reach $250,000 by 2029 but expects a true bottom before then. Key Factors to Watch • ETF net inflows: Positive for 5 consecutive weeks; if sustained, this will be the strongest mid-term bullish signal currently. • Whether BTC can close above $76,000 by the end of May: According to Tom Lee, this would confirm a third consecutive month of gains and a bull market return. • New Federal Reserve leadership: Powell’s term ends in May 2026, potentially changing monetary policy and bringing short-term uncertainty. • Oil prices and geopolitics: Oil nearing $100 per barrel and tensions in the Iran-Hormuz Strait may weigh on risk assets. • High risk in altcoins: On May 10, 293 of 390 tokens fell, indicating continued pressure in the altcoin market; careful selection is advised.​​​​​​​​​​​​​​​​ #WarshTakesFedChair #BitcoinETFMSBTStreak

🔥 Three major macro shocks are reshaping the crypto market, with RWA as the biggest winner 📊 Top 10 RWA projects by protocol fees in April 2025: 🥇 Centrifuge — $6.39M | 🥈 Ondo Finance — $5.37M | 🥉 Securitize — $2.58M 4️⃣ Superstate $2.22M | 5️⃣ re $1.07M | 6️⃣ Circle USYC $671K 7️⃣ Apyx $467K | 8️⃣ Theo Network $351K | 9️⃣ OpenEden $168K | 🔟 GAIB $124K This is not just data; it is ironclad proof that real finance is going on-chain. And the following three ongoing events are pushing this narrative to a whole new level: 🇺🇸 #TrumpRejectsIranDeal Geopolitics is rewriting the global financial landscape Today, Trump and Iran mutually rejected each other's peace proposals, resulting in a deadlock in ending this 10-week conflict. Trump posted on Truth Social: “I don’t like it — TOTALLY UNACCEPTABLE!” Iran demands US compensation for war damages, return of sovereignty over the Strait of Hormuz, lifting of sanctions, and release of frozen assets. Washington directly labeled these conditions as a “reverse surrender.” Direct consequences: Brent crude surged to $104.50 per barrel, and the US domestic gasoline average price reached $4.52/gallon. Geopolitical instability = capital withdrawal from traditional risk assets = seeking real yields. RWA is precisely the destination for these funds. 🏦 #WarshTakesFedChair A new era for the Federal Reserve officially begins this week The Senate Banking Committee approved Kevin Warsh’s nomination with a 13-11 party-line vote — the first time in history a Fed Chair nomination passed the committee stage without bipartisan consensus. The full Senate vote is expected during the week of May 11, meaning Warsh could be officially confirmed before Powell’s term expires on May 15. What does this mean for crypto? Warsh is considered the first Fed Chair with deep ties to the digital asset industry. He views Bitcoin as “the new gold for the under-40 generation.” Analysts expect a higher liquidity environment in the second half of 2026, which historically has been a strong bullish signal for the crypto market. 📈 #BitcoinETFMSBTStreak Wall Street is betting on Bitcoin like never before Morgan Stanley Bitcoin Trust (MSBT) launched on April 8, with cumulative net inflows of $193.6M and assets under management reaching $239.6M — setting an unprecedented record: even though the entire Bitcoin ETF market saw a combined outflow of $422M over two trading days, MSBT did not record a single day of net outflow during its first month. MSBT’s annual fee is only 0.14%, the lowest in the market, below BlackRock’s IBIT (0.25%), Grayscale (0.15%), and Bitwise (0.20%). Even more astonishing: this $233M all came from clients actively seeking the product, as Morgan Stanley’s 16,000 financial advisors managing $9.3 trillion in assets have not yet been authorized to actively recommend it. A broader picture: as of May 8, the US Bitcoin ETF market has recorded net inflows for six consecutive weeks, totaling over $3 billion — the longest weekly inflow streak since last summer. 💡 Three stories → one narrative: Geopolitical turmoil (Iran) + crypto-friendly new Fed Chair (Warsh) + major global financial institutions heavily investing in Bitcoin (MSBT) = institutional capital is converging on real assets, real yields, and real blockchain. Centrifuge, Ondo, and the RWA sector sit at the intersection of these three capital flows. History is being written. Where do you stand?

🌍 Global Market Brief — May 11, 2026 🔴 #TrumpRejectsIranDeal — Negotiations Collapse, Risk of Military Escalation Rises Current Situation: After a series of diplomatic failures, tensions between the US and Iran have escalated again. On May 10, President Trump labeled Iran's latest response as "completely unacceptable," stating both sides are trying to maintain a fragile ceasefire agreement. Key Disputes: According to The Wall Street Journal, Iran rejected US demands regarding its nuclear program, proposing separate negotiations instead, while agreeing only to dilute part of its highly enriched uranium and transfer the remainder to a third country—conditional on Washington returning it if it withdraws from the deal. Iran agreed to suspend uranium enrichment but for a period far shorter than the 20-year plan proposed by the US and firmly refused to dismantle nuclear facilities. Trump's Strategy: Trump announced he will maintain a maritime blockade on Iran until Tehran agrees to sign the deal. Meanwhile, US Central Command (CENTCOM) has devised a plan for a "brief and forceful" strike on Iranian infrastructure aimed at breaking the negotiation deadlock, followed by pressure on Iran to return to the negotiating table with a more flexible stance. Broader Geopolitical Impact: This deadlock casts a shadow over Trump's upcoming visit to China this week and his meeting with President Xi Jinping. The Iran conflict is likely to be a core topic. Washington has tried to pressure Beijing to urge Tehran to reopen the Strait of Hormuz, but whether China is willing to act remains uncertain. 📌 Key Watchpoint: If Iran continues to refuse concessions, will Trump order military action? Today (May 11) marks the 60-day deadline under the War Powers Act, adding legal and political pressure on the White House. 🏦 #WarshTakesFedChair — New Generation Fed Chair, Interest Rate Policy Enters a New Era Nomination Process: On February 2, 2026, Trump officially nominated former Fed Governor Kevin Warsh to succeed Powell, whose chairmanship ends in May that year. On April 29, the Senate Banking Committee passed the nomination along party lines—13 Republicans in favor, 11 Democrats opposed. The nomination was then sent to the full Senate for consideration. Transition Timeline: Kevin Warsh is expected to officially assume the Fed Chair position in June 2026, with the Senate confirmation vote anticipated during the week of May 15. Warsh has expressed intentions to change how the Fed operates. Warsh's Economic Philosophy: Known for his hawkish anti-inflation stance, some analysts believe he may follow the path of former Chair Paul Volcker from the 1970s, including the possibility of rate hikes. He also plans to shrink the Fed's balance sheet by up to $6.7 trillion, a move historically associated with downward pressure on the stock market. Political Reaction: Democratic senators, including Elizabeth Warren, worry Warsh might become a "puppet" of the president's will. Meanwhile, Warsh's statements on monetary policy independence have caused widespread confusion and concern among former Fed officials. 📌 Key Watchpoint: Warsh will be sworn in on May 15, less than a week away. His first interest rate statement at the June FOMC meeting will be the most important signal shaping the overall US monetary cycle in 2026. ₿ #BitcoinETFMSBTStreak — Wall Street Battles Crypto Market, MSBT Sets Historic Record MSBT's Strong First Month: Morgan Stanley Bitcoin Trust (MSBT) completed its first trading month without a single day of net redemptions—a record unmatched by any other Bitcoin ETF launched in the same period. The fund debuted on April 8, with cumulative net inflows of $193.6 million and assets under management exceeding $240 million. Competitive Edge: MSBT charges an annual management fee of 0.14%, the lowest among all US spot Bitcoin ETFs. The fund also leverages a network of over 16,000 financial advisors managing more than $9.3 trillion in client assets. Notably, nearly all first-month funds came from Morgan Stanley's proprietary investment clients; the advisor channel has not yet officially opened. Overall Market Trend: As of May 8, US spot Bitcoin ETFs have seen six consecutive weeks of net inflows totaling over $3 billion, marking the longest continuous weekly inflow streak since last summer. Macro research platform Ecoinometrics notes this sustained improvement indicates genuine long-term capital returning to digital assets, rather than short-term position adjustments or leverage-driven rebounds. Market Landscape: Total net assets across all Bitcoin ETFs reached $106.6 billion, representing 6.67% of Bitcoin's total market cap. Since their launch in January 2024, cumulative net inflows have totaled $59.3 billion. Bitcoin currently trades near $80,800, up approximately 15.68% over the past three months. 📌 Key Watchpoint: Once Morgan Stanley's advisor channel officially opens, potential capital from the $9.3 trillion client asset pool could propel MSBT to a new scale. ETF expert Eric Balchunas predicts MSBT could reach $50 billion in assets under management within its first year. ⚡ Three-Theme Interlinked Analysis: Rising tensions in Iran → High oil prices → Increased inflationary pressure → Warsh has reason to maintain or even raise rates → Yet Bitcoin ETF inflows remain strong, indicating digital assets are increasingly viewed as a geopolitical risk hedge independent of traditional interest rate cycles.​​​​​​​​​​​​​​​​ $BTC $ETH $SOL

🔥 Cryptocurrency Market Weekly Report | May 11, 2026 Top 3 Market Drivers This Week 1. 📈 Bitcoin ETF — 6 Consecutive Weeks of Net Inflows The US spot Bitcoin ETFs have recorded net inflows for 6 consecutive weeks, attracting a total of $3.4 billion, marking the longest continuous positive inflow since July 2025. • BlackRock IBIT + Fidelity FBTC account for about 80% of total inflows • Strongest single day: IBIT alone attracted $335 million, FBTC added $185 million • Cumulative net inflows since listing in January 2024 reached $58.7 billion • ⚠️ Note: Still have not fully recovered the $6.38 billion outflows between November 2025 and February 2026 → Conclusion: This is a genuine institutional accumulation signal, not short-term FOMO. Watch if the 7th week continues the trend. #BitcoinETF6WeekInflows 2. ⚖️ SEC Dual-Track Regulation — The Most Important Crypto Regulation in US History On March 17, 2026, the SEC and CFTC jointly issued a historic interpretive statement clearly distinguishing which crypto assets are securities and which are not. • The two agencies established a unified coordinated regulatory framework through **“Project Crypto”** • SEC approved listing standards for ETFs including DOGE, SOL, XRP, and others • Liquid staking officially confirmed to be exempt from securities laws — a major positive for the DeFi ecosystem → Conclusion: The “dual-track” regulation ends the gray area and paves the way for larger-scale institutional capital inflows. #SECDualTrackCrypto 3. 🚀 OKX Pre-IPO Perpetual Contracts — This Week’s Biggest Innovation On May 7, 2026, OKX officially launched perpetual contracts for three major tech unicorns: • OPENAI/USDT — opens at 09:15 UTC • SPACEX/USDT — opens at 09:00 UTC • ANTHROPIC/USDT — opens at 09:30 UTC Contract price = share price × total shares ≈ market cap, settled in USDT, with no actual equity involved. ⚠️ Risk Warning: • No voting rights, no dividends, no legal equity rights • Market pricing may differ significantly from actual IPO prices • If IPO is canceled, OKX reserves the right to decide price settlement #OKXPreIPOPerpsGoLive 📊 OKX Market Snapshot (2026/05/11 — 08:35) 🔮 Futures Leaderboard — Top Gainers • 🟢 PIEVERSUSDT — $0.8709 | +7.65% | Volume: $7.65M • 🟢 OPGUSDT — $0.3032 | +5.24% | Volume: $14.81M • 🟢 KITEUSDT — $0.1852 | +4.81% | Volume: $8.67M • 🟢 ONDOUSDT — $0.4399 | +3.85% | Volume: $57.81M • 🟢 MUUSDT — $784.8 | +3.47% | Volume: $12.31M • 🟢 HUSDT — $0.21717 | +3.43% | Volume: $5.46M • 🟡 ANTHROPICUSDT (Pre-IPO) — $1,662 | +0.03% • 🟡 OPENAIUSDT (Pre-IPO) — $1,499.5 | +0.77% • 🟡 SPACEXUSDT (Pre-IPO) — $2,405.5 | +0.46% 💱 Spot Leaderboard — Top Gainers • 🟢 KITE/USDT — $0.18454 | +4.46% • 🟢 SONIC/USDT — $0.04513 | +4.42% • 🟢 ONDO/USDT — $0.4401 | +3.82% • 🟢 GOAT/USDT — $0.02202 | +3.67% • 🟢 FOGO/USDT — $0.02278 | +3.26% • 🟢 CETUS/USDT — $0.03841 | +2.51% • 🟢 CFG/USDT — $0.31496 | +2.21% • 🟢 2Z/USDT — $0.10698 | +2.21% • 🟢 BASED/USDT — $0.10047 | +2.11% • 🟢 LRC/USDT — $0.01985 | +2.06% ⚡ Core Logic: ETF establishes Wall Street channel → SEC/CFTC provides legal foundation → OKX Pre-IPO expands tradable asset boundaries. The crypto market is maturing, not just cycling through bull and bear phases.

🇺🇸 Cryptocurrency, Power, and Oil — Weekly Report May 10, 2026 💥 Trump Media Posts Net Loss of $405.9 Million: Is the "Trump Trade" Fading? Truth Social's parent company just shocked the market with a record Q1/2026 loss, nearly 13 times year-over-year growth. Notably, nearly 60% of the loss (about $244 million) comes from unrealized impairment losses on its crypto asset portfolio. Specifically, Trump Media holds 9,542 BTC with a book value of $1.13 billion, but the actual market value is only $647 million. It also holds 756 million CRO tokens with a fair value of just $53 million, while the book cost is as high as $113.9 million. The total non-cash loss amounts to $368 million. Ironically, the core business—media and social networks—generated only $871,000 in revenue. DJT is no longer a "media company that incidentally invests in crypto" but more like a "crypto fund disguised as a media company." 📈 Bitcoin ETF: Six Consecutive Weeks of Net Inflows, Longest Streak Since August 2025 The US spot Bitcoin ETF has just completed its sixth consecutive week of net inflows, accumulating $3.4 billion in capital inflows (source: SoSoValue). This is the longest continuous inflow streak since August 2025. The strongest week reached $996.3 million (week of April 17), and the latest week still maintained $622.8 million. BlackRock's IBIT and Fidelity's FBTC together account for about 80% of total inflows, indicating institutional investors are gradually building positions at current price levels. However, note that there were net outflows over the weekend (May 7 and 8). The seventh week will be a critical validation window. ⚖️ #SECDualTrackCrypto: Historic Regulatory Framework Officially Implemented On March 17, 2026, the SEC and CFTC jointly issued guidance for the first time, clearly distinguishing when crypto assets are securities (under SEC jurisdiction) and when they are commodities (under CFTC jurisdiction), establishing an unprecedented "dual-track" regulatory model. This is the implementation result of "Project Crypto" launched in January 2026, completely replacing the old 2019 framework. The new guidance provides clear compliance paths for airdrops, protocol staking, and token wrapping. This framework is both a runway for industry takeoff and a new boundary for competitive landscape. 🚀 #OKXPreIPOPerpsGoLive: OKX Launches Pre-IPO Perpetual Contracts Betting on SpaceX, OpenAI, Anthropic On May 7, 2026, OKX officially launched perpetual contracts for three top unicorns: SpaceX, OpenAI, and Anthropic, with first-day trading volume exceeding $400 million. Operation mechanism: contracts track secondary market pricing but do not grant any shareholder rights. Essentially, these are pure speculative tools targeting potential IPOs. OKX, together with Bitget ("IPO Prime" platform) and Injective, is spearheading this wave, marking crypto exchanges' major push into the $13 trillion private equity market—a territory long reserved for institutional investors. #BitcoinETF6WeekInflows #SECDualTrackCrypto #OKXPreIPOPerpsGoLive

🔥 BEAT/USDT — Technical Analysis and Long/Short Strategy 📊 Current Market Overview The macro environment continues to improve. Bitcoin spot ETFs have seen net inflows for 6 consecutive weeks, totaling $3.4 billion. BlackRock's IBIT and Fidelity's FBTC together contribute nearly 80% of the inflows, with IBIT alone attracting $335 million on its strongest single day. This sustained capital inflow breaks the months-long pattern of intermittent instability, as institutional investors are reaffirming their positions. 🔥 BEAT/USDT — Technical Analysis and Long/Short Strategy 📊 Current Market Overview The macro environment continues to improve. Bitcoin spot ETFs have seen net inflows for 6 consecutive weeks, totaling $3.4 billion. BlackRock's IBIT and Fidelity's FBTC together contribute nearly 80% of the inflows, with IBIT alone attracting $335 million on its strongest single day. This sustained capital inflow breaks the months-long pattern of intermittent instability, as institutional investors are reaffirming their positions. 🔍 Structural Interpretation The price action of BEAT tells a story of a slow recovery after a severe crash from an extremely high level: • All-time high around **$4.7030** → Rapid drop to a low of **$0.1294** • Currently at $0.5684, in a bottom rebound repair phase after a long-term downtrend • SAR still suppresses price from above → Daily trend not fully reversed yet • RSI lines all hold above 50 but not overbought → Plenty of room for upside • 90-day +161.79% indicates bottom confirmed, main capital continuously returning BEAT's RSI is in a healthy range, making long positions relatively lower risk • Conservative entry: Pullback to **$0.4764–$0.5000** (24h low + psychological round number) • Aggressive entry: Daily close above SAR at $0.5993 confirming trend reversal to bullish • Stop loss: Below $0.4504 (exit if support breaks) • Take profit 1: $0.5834 (24h high) • Take profit 2: $0.7500 (mid-term psychological resistance) • Take profit 3: $1.0184 (major resistance, previous consolidation zone) • Risk/reward ratio: Entry at $0.50 → Target $1.0184, about 1:4+ • Key conditions: Volume expansion + RSI staying above 50 🔴 Short Strategy (Short-term/Counter-trend) SAR still suppresses from above, shorting has some rationale in the short term • Entry: Around $0.5834 (24h high resistance zone + SAR suppression area) • Stop loss: Above $0.6200 (effective SAR breakout signals stop loss) • Take profit 1: $0.5000 • Take profit 2: $0.4764 • Conditions: Long upper shadow reversal candlestick (shooting star) + volume contraction • ⚠️ Warning: With 30-day +86% and 90-day +161% strong background, shorting risk is very high, keep position size light 🏛️ Macro Background Supporting BEAT #BitcoinETF6WeekInflows — Bitcoin spot ETFs listed in the US have attracted $3.29 billion in inflows over the past two months, with a cumulative net inflow of $58.72 billion since listing in January 2024. Institutional capital continues to enter, boosting risk appetite across the crypto ecosystem. Mid-to-small cap tokens like BEAT often see larger gains amid bullish sentiment. #SECDualTrackCrypto — On March 17, 2026, the SEC and CFTC jointly released a milestone interpretative document clarifying which crypto assets are securities and which are not, marking a major shift from "enforcement-style regulation" to a principled framework. The SEC leads institutional frameworks while the CFTC expands market infrastructure, maturing the "dual-track" regulatory model. Clearer regulation directly reduces compliance risks for projects and investors, creating a healthier environment for value reassessment of tokens like BEAT. #OKXPreIPOPerpsGoLive — On May 7, 2026, OKX officially launched Pre-IPO perpetual contracts for SpaceX, OpenAI, and Anthropic, providing global non-US users synthetic price exposure to private tech giants. Concurrently, OKX partnered with Ondo Finance to launch 263 tokenized US stock trades and added 5 new stock perpetual contracts, all supporting 24/7 USDT-denominated trading. OKX's strong ecosystem expansion significantly enhances overall platform liquidity, benefiting tokens like BEAT with a more active trading environment. Current Optimal Strategy: Build positions in batches, with the first entry in the $0.4764–$0.5000 pullback zone. Add positions after daily close breaks above SAR at $0.5993, targeting $0.7500 and $1.0184 respectively. Compared to LAYER's extreme overbought condition, BEAT's current technical structure is more suitable for mid-term holding.