律动BlockBeats|May 27, 2026 04:46
**[Bitcoin and Stock Market Divergence Intensifies, Market Eyes "Golden Cross" Technical Signal]**
BlockBeats News, May 27: During the Asian trading session on Tuesday, Bitcoin briefly dropped to around $75,500, showing a clear divergence from the global stock market, which continues to hit new highs. Analysts are closely monitoring the imminent formation of a "Golden Cross" on the BTC chart, where the 50-day moving average crosses above the 200-day moving average. If BTC can effectively break through key moving average resistance before the cross forms, it may reopen upward momentum; otherwise, it could continue its weak consolidation.
In terms of capital flow, U.S. spot Bitcoin ETFs have seen a cumulative outflow of approximately $1.74 billion over the past two weeks, while retail leveraged positions continue to increase. The market is concerned that further price corrections could trigger large-scale liquidations.
As for other major cryptocurrencies, XRP, ETH, and SOL all experienced slight declines, while ZEC plunged 9% in a single day. On the other hand, HYPE defied the trend, rising 1.4%, with its market cap nearing that of Dogecoin. Analysts also pointed out that whether ETH can break through the critical $2,400 resistance level will be a key signal in determining the next phase of the crypto market's direction.
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