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Bitcoin has been weakening for a month, retreating after being blocked near $83,000, and is currently moving towards a decline in May, which the market views as a classic seasonal signal of 'May sell-off' re-emerging. Historical data shows that Bitcoin's average return one month after a 'red May' is approximately -10%, and about -3.3% over three months, with short-term trends typically continuing to weaken; based on historical averages, the price could fall to around the $68,200 range. Analysis indicates that 'red May' in a bear market structure is often more destructive; however, Bitcoin's average increase over the six months following 'red May' can reach about +139%, and even after excluding anomalous years, it remains around +12.9%, indicating that the long-term trend has not been disrupted by seasonal signals.
U.S. stocks opened higher, with all three major indices rising: the Dow Jones increased by 0.18%, the S&P 500 rose by 0.07%, and the Nasdaq gained 0.17%. Micron Technology (MU.O) surged by 6.6% after UBS significantly raised its target price to $162.50.
Market data shows that BTC has fallen below $75,000, currently priced at $74,968.47, with a 24-hour decline of 2.42%. The market is experiencing significant volatility, so please ensure proper risk management.
As global demand for digital asset circulation and cross-border payments continues to grow, users are increasingly facing challenges such as limited access to traditional payment channels, high foreign exchange costs, and fragmented card management. In response to these market needs, CARDPIE, a professional USDT card aggregation platform, is building a seamless bridge between digital assets and global spending by delivering a comprehensive stablecoin payment solution for both individuals and enterprises.
The Cardano ecological infrastructure project Astarter has released a multi chain expansion roadmap signal in public materials, gradually extending its clearing layer infrastructure to mainstream public chain ecosystems such as EVM and Solana. The Astarter team believes that the Al Agent economy and DePIN network essentially run across chains, and the execution layer that only anchors a single public chain is structurally limited. Multi chain expansion is a crucial step for Astarter to reach all AI agent economic activities. The specific deployment goals and timeline for the second public chain will be announced in subsequent announcements. Cardano will still be retained as the basic anchor chain.
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