As the global capital market enters a critical juncture at the end of Q2, the structural prosperity of traditional finance is forming a stark contrast with the short-term correction in the crypto market. This week, U.S. stocks remained elevated on the back of positive earnings reports from AI leaders, but the Crypto market, after digesting earlier gains, has opted to retrace and confirm support levels.

This week (mid-May 2026), global capital markets are experiencing extremely complex movements amid distorted macro data and geopolitical maneuvering. The US April non-farm payroll data appears strong on the surface but actually conceals underlying labor market weakness and concerns about AI-driven displacement. In the crypto market, despite macro-level uncertainties, sustained net inflows from Wall Street ETF funds have built a solid foundation.

In this edition of the 'SunX Night Talk' interview, Teacher Tingting, co-founder of CDCClub, pointed out that the influx of Wall Street big money has signaled the end of the 'blind rush' bonus period. However, retail investors can still get a piece of the pie through 'community gathering' and long-term spot strategies. Faced with the computational power advantage of institutions, ordinary people should take advantage of market panic to build positions in batches and reject high leverage. She also emphasized that during this period of reshuffling as institutional players enter, choosing an exchange with a compliant license, such as SUNX, is the core bottom line to ensure asset segregation, avoid malicious liquidations, and prevent bank card freezes during withdrawals.

Standing at the macro crossroads of May 2026, the pricing logic of global financial markets is undergoing extremely subtle yet profound shifts. The traditional interest rate cut game is giving way to an industrial super cycle driven by tech giants' capital expenditures. Meanwhile, within the crypto market, after weathering the selling pressure from ancient whales, core assets have demonstrated impressive resilience in absorbing demand.

As global capital markets enter the critical juncture of mid-Q2 trading, the policy expectations of traditional finance and the microstructure of the crypto market are undergoing a deep convergence. This week, the highly anticipated May FOMC meeting officially concluded, with the Fed's policy stance clarifying the direction for macro liquidity in the second half of the year. Meanwhile, following the baptism of on-chain native crises, the Crypto market has witnessed a large-scale bottom-fishing by Wall Street's "old money" institutions.

As the global capital market enters a critical period of gaming, the "soft landing" expectations of traditional finance and the native crisis of the crypto market are presenting a stark contrast of fire and ice.

In this episode of the 'SunX Night Talk' interview, the host engaged in an in-depth conversation with renowned KOL, Teacher Da Lin. Teacher Da Lin clearly stated: The short-term pullback in Bitcoin amid geopolitical conflicts is due to liquidity panic, but its long-term evolution towards a 'geopolitically neutral currency' is underway; stablecoins carry compliance risks of being frozen by centralized institutions, and ordinary users must use them in compliance; when facing extreme market conditions, participants in futures trading must strictly control leverage and resolutely implement unconditional stop-losses.

Amidst intense jockeying over global liquidity expectations, the correlation between the crypto market and traditional finance is reaching historic highs. This week, with a brief respite from geopolitical gloom, global risk assets have welcomed a long-awaited breathing window. However, beneath the surface rebound and apparent prosperity, the Federal Reserve's hawkish internal divisions, underlying inflation stickiness, and Wall Street institutions' frantic land grab in the crypto ETF race are quietly reshaping the entire Crypto market's valuation framework. In this issue, SUNX Research will analyze from three dimensions: macroeconomic variables, on-chain micro trading structures, and ETF institutional fund flows, to provide you with

Standing at the macroeconomic crossroads on April 13, 2026, global capital markets are undergoing a profound logic reshaping. From the geopolitical haze over the Strait of Hormuz to the Federal Reserve's renewed scrutiny of inflation data, a single on-chain indicator can no longer fully explain the current movements in the crypto market. In this issue, SUNX Research will combine the latest macroeconomic data with on-chain capital flows to deeply dissect the pricing logic of crypto assets under the global macro game, and chart a stable path for asset appreciation in this volatile market for you.

The global macro capital markets are currently undergoing a "hawkish reassessment" triggered by a combination of geopolitical tensions and sticky inflation. Elevated energy prices have forced major global central banks, including the Federal Reserve, to significantly scale back expectations for interest rate cuts, leading to a temporary failure of traditional safe-haven assets and macro hedging strategies. However, against this backdrop, the crypto market has demonstrated significant relative asset resilience. Despite short-term net outflows from spot ETFs, the "crowded short" microstructure in the derivatives market is brewing strong technical short-squeeze momentum. Simultaneously, top Wall Street financial giants are accelerating the deployment of crypto-compliant infrastructure at an unprecedented pace.

Global capital markets currently stand at a critical juncture of divergence. The cooling of macro-geopolitical risks has led to a retreat in market risk aversion, yet persistently high interest rates and slowing economic momentum continue to pressure traditional finance. Meanwhile, with Bitcoin's breakthrough of a key resistance level, an exceptionally bullish microstructure in the derivatives market, and accelerating inflows into ETFs, is the crypto market brewing a breakout rally?