Bitget UEX expected warming in the daily newspaper |mei peace talks; substantial oil price jumps 4.6 per cent; and the Federal Reserve maintains interest rates at the same level (26 May 2026)

I. Hot spots

Federal Reserve Developments The Fed maintains interest rates and is concerned about the impact of the situation in the Middle East on inflation

• AT ITS RECENT MEETING, FOMC DECIDED TO MAINTAIN THE TARGET AREA OF THE FEDERAL FUND AT 3.5 TO 3.75 PER CENT, WITH DIFFERENCES IN VOTING。
• Officials differed on the path to inflation, and some members warned that interest rates might need to be considered if inflation continued to be high。
• The easing of the geographical situation in the Middle East may ease energy price pressures and indirectly support the Fed ' s 2 per cent inflation target。

This development provides relatively stable monetary policy expectations for the market, but geo-risks ease or further reduce upward pressure on inflation, facilitating the recovery of risk asset valuations。

Major international commodities Mei peace talks on signs of optimism drive oil prices out of the water

• Trump stated that negotiations were progressing smoothly and that no agreement would be signed to allow Iran to develop nuclear weapons; United States officials were optimistic about the recent settlement of the dispute, and the presence of the Iranian delegation in Qatar was seen as a positive signal。
• IT'S AFFECTING US, WTIcrude oilFutures fell significantly and Brent crude oil similarly fell significantly。
• the market's expectations of the potential re-opening of the straits of hormuz eased concerns about energy supply。

Progress in the peace talks has directly eased tensions in the energy market and short-term oil prices, but the details of long-term agreements still require attention。

Macroeconomic policy THE SEC HAS CALLED OFF THIRD-PARTY DOLLAR TRADING PLANS

• THE SEC HAS SET ASIDE THE “THIRD-PARTY TOKENIZATION STOCK” EXEMPTION, WHICH WAS ORIGINALLY SCHEDULED FOR THIS WEEK, WHICH ALLOWS FOR THE ISSUANCE OF DIGITAL TOKENS FOR TRACKING STOCK PRICES AND ROUND-THE-CLOCK TRANSACTIONS WITHOUT AUTHORIZATION FROM LISTED COMPANIES。
• Regulatory concerns about the risk of fragmentation of liquidity and market fragmentation。
• This reflects the cautious attitude of regulators towards encryption and traditional financial integration。

This decision, while helping to stabilize traditional securities markets in the short term by removing market concerns about the possible liquidity disruption caused by stock monetization, also limits the potential for encryption innovation to expand in the stock area。

Market revisiting

large commodities & foreign exchange performance

• CurrentGold: -0.47 per cent for $4546/ounce。
• Cash and silver: -1.2 per cent, US$77/ounce。
• WTI CRUDE OIL: 4.9 per cent and $91.83 per barrel。
• Brent crude oil: synchronize to $91.87/barrel, potentially replicating straits to mitigate supply risks。
• United States dollar index+0.05%, report 99.026。

Encryption Currency Performance

• BTC: -0.55 per cent for $76,800。
• ETH: -0.45 per cent for $2097。
• Total market value of encrypted currencyThis represents an increase of 0.1 per cent and $2.65 trillion。
• Market warehouse situation: 24H TOTAL BURSTING TANK $195 MILLION, ADDITIONAL SINGLE BURSTING WAREHOUSE $105 MILLION。
• Bitget BTC/USDTLiquidation mapsTHE CURRENT BTC PRICE IS APPROXIMATELY US$ 76,783, WITH US$ 78,000-78,500 ABOVE, AND A LARGE AMOUNT OF HIGH-LEVERAGING SINGLE CLEARING AREA, WITH A CLEAR BUILD-UP OF EMPTY PRESSURES, AND A MORE BIASED SHORTER LINE CONTINUES TO SWEEP UP. IF THE BTC STANDS ABOVE US$ 77,500, THE MARKET OR FURTHER TRIGGERS AN EMPTY CHAIN OF SILOS TO ACCELERATE THE PRICE TO THE US$ 79,000 REGION。

• Last week's trading day (May 18 to May 22, US-East time) Bitcoin cash ETF net outflows US$ 1257 million. Net outflows were up to BlackRock ETF IBIT and weekly net outflows were $1,008 million. The second is the Fedelity ETF FBTC, with a net weekly outflow of $112 million。

United States equity index performance

• FingerThe rate rose by 0.58 per cent and reported 50,579.70 points, with steady progress。
• Pistol 500• A 0.37 per cent increase and 7,473.47 points to maintain high-level shock。
• Nut fingerThe increase of 0.19 per cent is reported at 26,343.97 points, and the technology blocks provide the main drivers。

Technology giant dynamics

• AppleAAPLI'm not sure308.82 US dollars, an increase of 1.26 per cent, a small increase, attracted by the emotional and defensive attributes of the entire technology board。
• Microsoft(MSFT): $418.57, DOWN BY 0.12 PER CENT, WITH RELATIVELY ROBUST PERFORMANCE AND CONTINUOUS PROVISION OF BASIC SUPPORT FOR CLOUD COMPUTING AND AI OPERATIONS。
• In WeidaNVDAI'm not sure: $215.33, down by 1.90 per cent, with a small fall, mainly affected by profit-back pressure and short-term market rotation。
• Amazon(AMZN):: $266.32 FOR REPORTING, DOWN BY 0.80 PER CENT, MODERATE ADJUSTMENT, AND THE BASICS OF THE ELECTRICIAN AND AWS CLOUD OPERATIONS REMAIN STABLE。
• Meta(META):: $610.26 for the receipt of reports, an increase of 0.47 per cent, a modest increase and expected positive performance in advertising revenues。
• Alphabet(GOOGLE, GOOGL)(c) Report $382.97, down by 1.21 per cent, which is influenced by the removal of the Russell 1,000 value index to strengthen its pure growth properties。
• Tesla(TSLA)(c) An increase of $1.95 per cent in the amount of $426.01, followed by a steady increase in the volume of electric vehicle deliveries and energy operations。

WHILE THE OVERALL RISE AND FALL ARE CROSS-CUTTING, THE AI THEME REMAINS CENTRAL, BUT SOME HIGH-VALUE UNITS ARE UNDER PRESSURE TO CLOSE THEIR PROFITS AND MARKET FUNDS SHOW SIGNS OF ROTATION。

Plank Instant Observation

Semiconductor plateUp and down

• Representation of units: TakatungQCOM(b) A significant 11.6 per cent increase in the amount of $238.16 receivedAMDThe increase of about 4-8 per cent (recently strong single-day increases) was notable。
• DriversThe demand for AI PC, data centres and automobile chips continues to outpace expectations, while Chase works with Stellantis to expand Snapdragon, and the AI data centre custom silicon project landed as a direct catalyst; the Russell index adjustment further highlights the attractiveness of the growth attribute unit. The internalization of the plate is mainly due to the high and low valuation differences and the rotation of funds, while the AI theme remains the main line, but some mature enterprises face competitive pressures。
• Market impacts: SHORT-TERM BOOSTING OF CONFIDENCE IN THE SEMICONDUCTOR INDUSTRIAL CHAIN, BUT A SHARP INCREASE IN THE VOLUME OF SHARES, SUCH AS HIGHCOM, REQUIRES VIGILANCE TO ELIMINATE THE RISK OF PROFIT. IN THE MEDIUM AND LONG TERM, THE DEMAND FOR HBM AND ADVANCED PROCESSES UNDER THE AI SUPERCYCLE IS EXPECTED TO SUPPORT THE OVERALL ROLL-UP OF THE PLATE, WITH GLOBAL SEMICONDUCTOR SALES PROJECTED TO INCREASE BY MORE THAN 26 PER CENT IN 2026。

Defense and Europe-Related BlocksA gentle move

• Representation of units: European Defence Units such as Rheinmetall, BAE Systems, etc. have performed well in the recent past; US-based medical health and consumer defense boards have recorded moderate increases。
• DriversTHE AMERICAN-AMERICAN PEACE TALKS ARE OPTIMISTIC THAT THE THEME OF “POST-WAR TRANSACTIONS” WILL FERMENT, AND THAT ENERGY RISK MITIGATION WILL DRIVE FUNDS AWAY FROM PURELY RISK-AVERSE ASSETS TO DEFENCE, MEDICAL CARE AND EUROPEAN CYCLICAL BLOCK ROTATIONS THAT POTENTIALLY BENEFIT FROM RECONSTRUCTION AND STABILITY. THE LOGIC OF THE DEFENCE BUDGET INCREASES ACCUMULATED DURING THE PERIOD OF GEO-STRETCH CONTINUES WITH THE SIGNS OF DÉTENTE, WITH THE TREND OF INCREASING THE SHARE OF EUROPEAN MULTINATIONAL MILITARY SPENDING IN GDP UNCHANGED。
• Market impacts: This rotation reflects an improved asset re-allocation at risk and helps to reduce overall market volatility. But if the details of the peace talks fall short of expectations, it is likely that the shield will be back on its back. Investors can focus on opportunities for low valuation of European assets and medical innovation。

OVERALL, THE WHEELING OF THE PLATE ACCELERATES, AND THE AI GROWTH MAIN LINE AND GEO-SCALING BENEFITS THEME CO-DOMINANTLY DOMINATES THE MARKET, SUGGESTING THAT ATTENTION BE GIVEN TO CHANGES IN TURNOVER IN ORDER TO JUDGE FINANCIAL SUSTAINABILITY。

III. In-depth interpretation of United States shares

Alphabet (Google) - Reclassification of the Russell Index Properties Summary of eventsIn the semi-annual recalibration of the Russell Index in June 2026, Alphabet and AMD were completely removed from the Russell 1,000 value index and converted to a 100 per cent growth attribute classification. Nine of the top 10 companies remained unchanged and only Wal-Mart replaced the list. Alphabet ' s market value has increased significantly by 141.9 per cent over the past year。Market interpretation: The institutional analysis found that the restructuring reflected strong market recognition of the growth potential of Alphabet's long-term AI, search and cloud operations, further exacerbating the division between the Value and Growth Units. According to investment banks such as Morgan Stanley, the movement of Alphabet from value to pure growth may trigger a rebalancing of passive funds, increasing liquidity pressure in the short term but reinforcing its weight in the growth index over the long term。Investment revelation: Investors may view Alphabet as the core configuration of AI and the digital economy, with high medium- and long-term configuration values, subject to high valuation fluctuations and potential antimonopoly risks。

2. Eli Lily - Top 10 in market value ranking Summary of events: According to the latest ranking of the Russell Index, Yoyo was replaced by Wal-Mart and dropped out of the top 10 global market values, although his market value remained close to $900 billion. While the strong growth in diet drugs and diabetes treatment has continued, the relative strength of retail boards has pushed Wal-Mart up the ranking。Market interpretation: IT IS GENERALLY ACCEPTED THAT THIS CHANGE IS NOT A DETERIORATION IN THE BASICS OF COURTESY, BUT RATHER A REVALUATION OF THE MARKET ' S VALUATION OF DEFENSIVE CONSUMER MEDICINE AND SOUND RETAIL SEGMENTS. ACCORDING TO GOLDMAN SACHS, THE GLP-1 DRUG PIPELINE IS STILL ACTIVE FOR A LONG TIME, BUT THE ROTATION OF SHORT-TERM FUNDING FROM HIGH-VALUED BIOTECH TO VALUE-BASED CONSUMPTION UNITS IS OF CONCERN。Investment revelationThe short-term ranking adjustment may put an outflow of funds under pressure, suggesting that attention be paid to advances in clinical data on innovative medicines; in the long run, its leading position in the market for obesity and chronic disease treatment still supports the potential for sustained growth。

3. SK Hercules (SK Hynix) - HBM memory AI demand is too strong Summary of events: KK HERCULES IS FACING UNPRECEDENTED SUPPLY LOCK-IN DEMAND FROM GLOBAL TECHNOLOGY GIANTS, AND THE HBM MEMORY MARKET IS EXPECTED TO CONTINUE BEYOND 2026. THE COMPANY ACTIVELY PROMOTED THE RELATED BUSINESS EXPANSION AND BENEFITED FROM THE SURGE IN CAPITAL EXPENDITURE FOR THE AI DATA CENTRE。Market interpretation: THE AI SUPER-CYCLE PROMOTES HIGH PROFIT GROWTH, DESPITE THE TRIPLE-STAR COMPETITION, DESPITE THE INVESTMENT BANK ' S UNANIMOUS APPRECIATION OF THE PRICING RIGHTS ASSOCIATED WITH ITS LEADING POSITION IN THE HBM FIELD. INSTITUTIONS SUCH AS THE SWISS BANK ESTIMATE THAT IN 2026, HBM CAPACITY WAS ALMOST EXHAUSTED BY SK HERCULES, AND MĀORI RATES ARE EXPECTED TO REMAIN HIGH, WITH A MARKET VALUE OF NEARLY TRILLION DOLLARS。Investment revelationIN THE SHORT TERM, FOCUS COULD BE PLACED ON THE AID THEMATIC BENEFIT UNIT, FOCUSING ON THE PACE OF EXPANSION OF THE PRODUCTION CAPACITY OF HBM4/HBM4E; LONG-TERM ADVICE WOULD BE TO TRACK THE DEPTH OF ITS COOPERATION WITH GIANTS SUCH AS NVIDIA AND SEIZE THE OPPORTUNITY TO MOVE UP THE SEMICONDUCTOR CYCLE。

4. Internal labour disputes arising out of the Tristar Electronic - Chip Department Award Summary of events: THE HUGE PERFORMANCE BONUS IN THE SAMSUNG CHIP SECTOR (SOME EMPLOYEES CAN AMOUNT TO APPROXIMATELY $400,000) HAS PROVOKED STRONG DISSATISFACTION IN THE CONSUMER ELECTRONICS SECTOR, WHERE TRADE UNIONS HAVE APPLIED FOR A BAN AND CHALLENGED THE LEGALITY OF THE AGREEMENT. THE COMPANY EVENTUALLY REACHED A COMPROMISE WITH THE TRADE UNIONS TO SET A BONUS AS A PERCENTAGE OF PROFITS, BUT STILL BELOW THE SK HERCULES LEVEL, AND THE VOTE WAS TO END BY 27 MAY。Market interpretation: INSTITUTIONAL CONCERNS ABOUT INTERNAL GOVERNANCE AND INTERSECTORAL CONFLICTS OF INTEREST MAY AFFECT MORALE AND SUPPLY CHAIN STABILITY IN THE SHORT TERM, BUT THE OVERALL DEMAND FOR AI CHIPS WILL PROVIDE A BUFFER. THE BANK NOTED THAT IF THE RISK OF STRIKE IS COMPLETELY ELIMINATED, THE MOMENTUM OF SAMSUNG'S CATCH-UP IN THE HBM4 AREA IS EXPECTED TO BOOST MARKET CONFIDENCE; CONVERSELY, THE POTENTIAL DISRUPTION OF PRODUCTION CAPACITY WILL EXACERBATE THE GLOBAL AI MEMORY DEFICIT。Investment revelationIN THE SHORT TERM, CLOSE ATTENTION NEEDS TO BE PAID TO THE DISRUPTION OF STOCK PRICES BY THE RESULTS OF TRADE UNION VOTING AND TO THE PROGRESS OF INTERNAL COORDINATION; IN THE LONG RUN, THE COMBINED COMPETITIVENESS OF THE THREE STARS IN THE FIELD OF MEMORY AND SURROGACY IS STILL CONSIDERED, PARTICULARLY IN THE CONTEXT OF THE EXPANSION OF AI INFRASTRUCTURE。

IV. Developments in encryption money projects

One claimant, alias “Noah Doe”, filed an action in the New York Court for title to 39069 dormant bitcoin wallets, including a Chinese deaf address, estimated at approximately 3.7 million bitcoin, valued at approximately $29 billion. The plaintiff, through two Wyoming shell companies ABC Company and XYZ Company, filed a 901-page action document on 1 May claiming that the Bitcoin was eligible for “abandoned property” under the lost property laws of New York。

2. THE POLITICAL ACTION COMMITTEE ON ENCRYPTION LINKAGE (PAC) AND THE SENIOR EXECUTIVE HAVE INVESTED MORE THAN $500 MILLION IN THE 2026 ELECTIONS IN THE UNITED STATES, AND REPUBLICAN CANDIDATES HAVE RECEIVED FUNDING TO SUPPORT FAR BEYOND THE DEMOCRATIC PARTY。

A further 90 BTCs (approximately $7 million) were transferred from Bhutan to the Segwit address, or meant to be transferred or sold to a third party。ArkhamIt was noted that since this year Bhutan has transferred cumulatively from its hosting address of BTC to the Segwit address of approximately $233.39 million BTC, which still stands at approximately $233.1.8 million。

4 IOSG Ventures clarified that it had not recently held or soldUNII don't knowCOMPThe address pointed at in the chain is not the official IOSG wallet. IOSG states that Arkham had both the “IOSG Ventures” and “Binance Deposit Change Address” symbols for this address, which are uncertified labels, and the address in question is actually a wallet used to fill Binance and is not linked to IOSG。

V. Today ' s market calendar

Data release schedules

The big news

Institutional perspective

Prominent IIB analysts generally believe that the positive developments in the United States-Iraq peace talks are significantly mitigating the risk of disruption of energy supplies and infusing short-term optimism into global markets. Agencies such as J.P. Morgan and the United States of America stated that if the Strait of Hormuz were to re-open, oil prices could quickly fall below $90 per barrel, which would effectively reduce inflationary pressures and provide greater flexibility for the Federal Reserve ' s follow-on policy, although most projections indicated that the Fed would maintain interest rates at current levels in 2026 until inflation was clearly set back。

OTHER AGENCIES SUCH AS GOLDMAN SACHS STRESSED THAT, IN THE CONTEXT OF ENERGY RISK REDUCTION, THE THEME OF “POST-WAR TRADING” WAS EXPECTED TO FERTILIZE FURTHER, IN ADDITION TO AI CAPITAL SPENDING, WHICH CONTINUED TO DRIVE THE SCIENCE AND TECHNOLOGY UNIT, AND THAT MEDICAL HEALTH, EUROPE-RELATED ASSETS AND PARTLY UNDERVALUED CYCLICAL BLOCKS COULD LEAD TO OPPORTUNITIES. ON THE ENCRYPTION MARKET, GEO-STRAINED MITIGATION RISK PREFERENCE, HOWEVER, THE OFF-SHELF ETF PRESSURE STILL NEEDS TO BE CLOSELY MONITORED AND OVERALL VOLATILITY IS EXPECTED TO REMAIN HIGH。

TAKEN TOGETHER, SHORT-TERM MARKETS WILL BE PLAYING AROUND CONCRETE RESULTS OF THE PEACE TALKS, THE REAL DECLINE IN ENERGY PRICES AND THE MACROECONOMIC DATA TO BE RELEASED. THE BANK RECOMMENDS THAT INVESTORS MAINTAIN DEFENSIVE POSTURES WHILE MAINTAINING A FLEXIBLE LAYOUT THAT BENEFITS FROM LOW OIL PRICES AND AI DOUBLE-WHEEL-DRIVE HIGH-QUALITY ASSETS, FOCUSING ON THE MATCHING OF VALUATION TO FUNDAMENTALS AND AVOIDING EXCESSIVE RECOVERY。

DISCLAIMER: THE ABOVE IS COLLATED BY AI, MANUALLY ISSUED ONLY FOR VALIDATION AND IS NOT RECOMMENDED FOR INVESTMENT. FOR UNAVOIDABLE DEVIATIONS IN THE TEXT, PLEASE REFER TO MARKET INSTANTANEOUS DATA。