5.18 All-in Morning Report: This market, just looking at it feels like an offense to oneself, but of course, there are still people who can make money on-chain. As for exchanges, they have indeed performed quite poorly this week, especially the performance of memes. 1. $BTC is moving sideways as if it's falling, with daily fluctuations not exceeding 1%, giving altcoins plenty of opportunities to shine; 2. $ETH has larger daily fluctuations, which can be understood as sideways adjustments, with consecutive two-day drops exceeding 3%; 3. $SOL's market performance is relatively weak, moving from following Bitcoin to following Ethereum, currently hovering around 165, with spikes up and down, needing a new narrative to drive it, or it can only rely on ETH to lead; 4. Grayscale's research director: Bitcoin's market share may stabilize rather than decline significantly; 5. Argentine President Milei's bank account was unfrozen for investigation due to involvement in the Libra token case; Shouting "feels good"; 6. Samourai and Tornado Cash case defense accuses the prosecution of concealing key FinCEN call evidence; 7. Caixin: The action to recover taxes on overseas income has been ongoing for a year; 8. @launchcoin's own platform token $LAUNCHCOIN has stabilized, while $STARTUP has been continuously promoted by @himgajria, with others mostly down by 90%; 9. Bloomberg analyst: Bitcoin's weak performance relative to gold may indicate a more severe outlook for risk assets; 10. Washington Post: Since the announcement of the TRUMP dinner, the team has earned $3 million in commission income; 11. CryptoQuant analyst: Current cycle short positions are more cautious, usually a bullish signal; ETH/BTC ratio just rose 38% from a five-year low, altcoin season may begin; Still fantasizing about altcoin season; 12. Blockchain game Nyan Heroes announced it will cease operations, $NYAN has dropped over 90% in a year since launch; 13. South Korea will implement a compensation mechanism for crypto exchange system failures starting in July; 14. Galaxy Digital: Officially listed on Nasdaq, stock code is GLXY; ----------- Everyone is back to saying that BTC hasn't even fallen yet, and they don't know what will happen if it does. They're afraid to buy, and not buying leads to further declines. This vicious cycle seems endless. #Bitcoin #Ethereum #Solana #Crypto