A Negative May Points to the Risk of a 10% Decline in June
Bitcoin’s ($BTC) loss of gains since the start of the month may signal the arrival of seasonal weakness at the beginning of summer, reflected in the saying “sell in May and go away.”


Bitcoin’s ($BTC) loss of gains since the start of the month may signal the arrival of seasonal weakness at the beginning of summer, reflected in the saying “sell in May and go away.”
Spot exchange-traded funds (ETFs) based on Hyperliquid ($HYPE) accumulated coins valued at 1.04% of the cryptocurrency’s market capitalization, and it took them no more than 10 days to do so. Kairos Research drew attention to this.
Bitcoin has once again found itself in a narrow range. The price bounced from the area around $74,500 but has not yet managed to return above the key on-chain levels near $77,000. Against the backdrop of a major options expiry on May 29, the market is effectively squeezed between two important marks: $75,000 below and $80,000 above.
On Tuesday, May 26, inflow dynamics across cryptocurrency ETFs were mixed: Bitcoin and Ether ETFs collectively lost $368.75 million as both categories continued their outflow streaks. Altcoin products softened the picture: $HYPE ETFs attracted $20.45 million, while $XRP ETFs brought in $1.55 million, whereas Solana ETFs recorded no trading activity.
Bitcoin fell below the $76,000 mark on Wednesday, as renewed geopolitical tensions in the Middle East and significant outflows from exchange-traded funds (ETFs) put pressure on the cryptocurrency market — even despite gains in technology stocks on Wall Street and in Asia.
$XRP faced massive selling on Binance, yet the price held above the April resistance zone. This shifted attention to the state of liquidity and whether nearby support will be able to withstand renewed pressure from sellers.
The crypto ETF market has started to change sharply. While hundreds of millions of dollars continue to flow out of bitcoin and Ethereum funds, some capital is unexpectedly shifting towards more aggressive altcoin stories — primarily $HYPE from Hyperliquid.
NEAR Protocol and its native token rallied sharply amid a combination of short liquidations, renewed interest in AI-related crypto assets, and rising fee revenue from its cross-chain infrastructure. Over the past seven days, NEAR Protocol gained around 50% and climbed toward the $2.73 level.
The total market capitalization of stablecoins has surpassed a historic milestone, reaching $322 billion. This marks the highest stablecoin market capitalization ever recorded. As a result, stablecoin reserves now exceed the foreign currency reserves of 95 countries worldwide.
Bitcoin dropped below the $77,000 mark on Tuesday amid renewed U.S. strikes on Iranian targets, which weakened hopes for a near-term peace agreement and added pressure to the world’s largest cryptocurrency alongside slowing inflows into exchange-traded funds (ETFs).
U.S. spot Bitcoin ETFs experienced a fresh wave of outflows. Over five trading days, around $1.26 billion exited 11 funds — something the market usually interprets as a weak signal for $BTC. However, analysts at Santiment see it differently: such periods often create conditions for steady accumulation rather than panic.
The market expected a different scenario. Many in the crypto industry initially viewed Kevin Warsh’s appointment as Federal Reserve Chair as bullish for Bitcoin, but $BTC quickly moved lower and dropped to $74,190 — its lowest level in more than a month.
Recent Bitcoin exchange data suggests the market is facing stronger spot-side selling pressure, as Binance inflows remain elevated while exchange reserves recover from April lows. CryptoQuant analyst Darkfost noted that the shift emerged during a broader market correction shaped by geopolitical tensions and risk-off sentiment.
On Sunday, the price of the $NEAR Protocol token hovered around $2.41, posting gains of approximately 54% over the past seven days and 13% over the last 24 hours. The move was driven by a combination of factors occurring simultaneously: a short squeeze, rotation into the artificial intelligence (AI) sector, and growing interest in products enabling blockchain abstraction.
Bitcoin rose on Sunday, recovering after a sharp decline earlier in the weekend following reports that the United States and Iran are nearing a potential agreement that could ease tensions in the Middle East.
On-chain data reveal important signals that have historically preceded notable price movements in $XRP. However, this time the situation is somewhat different, as some signals are conflicting and both bullish and bearish indicators are pointing to contradictory metrics.