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BlockBeats News, May 11th, QCP issued a statement stating that key inflation data (CPI, PPI, and retail sales) will be released in the US this week. The market is paying attention to whether inflation is stabilizing rather than re-accelerating. If the data shows that inflation is stabilizing, it may support the expectation of a loosening of financial conditions, leading to a decrease in real yields, which has historically supported the crypto market. On the other hand, if inflation continues to rise, it will strengthen expectations of continued policy tightening, weighing on risk assets. Despite spot ETF outflows last Thursday and Friday, as well as concerns in the market regarding Saylor's "selling Bitcoin" remarks, Bitcoin remains stable above $80,000, and this price performance is seen as constructive. In addition, the US Senate Banking Committee plans to discuss the "CLARITY Act" this week. While this is still a procedural step rather than a final vote, it is still an important signal of legislative progress. Any progress will impact market expectations of regulatory clarity, thereby affecting ETFs and the broader institutional fund flows. Currently, crypto volatility continues to decline, remaining close to a yearly low, and the VIX index is hovering around 18, indicating relatively limited overall market pressure. In the short term, cryptocurrencies may remain in a range-bound state, with $84,000 being a key resistance level. The market is awaiting further clarity on inflation trends and macro factors such as the US-Iran situation.

Golden Ten Data reported on May 11 that Citigroup strategists believe the outperformance of the US stock market, driven by a handful of large technology stocks, is expected to continue. The team led by Beata Manthey at Citigroup maintains an "overweight" position on US equities in its global asset allocation and remains optimistic about the technology, healthcare, and materials sectors at the industry level. In the report, Beata Manthey wrote: "We expect the 'concentration trend' within the market to persist; in the face of uncertainty stemming from the Iran conflict, fundamental factors will once again take center stage." Manthey added: "If progress is made toward a lasting ceasefire between the US and Iran, it could trigger a rebalancing of capital and a rebound in previously underperforming assets." She also pointed out that the appeal of allocations in Continental European markets is rising. At the sector level, she believes the most attractive areas in Europe (excluding the energy sector) include software, retail, and real estate.

According to Odaily, a recent market report from CP Capital indicates that the market is entering a crucial week as Trump and the Chinese leader are about to meet in Beijing, and the US April CPI, PPI, and retail sales data are also set to be released. The market is closely watching whether inflation will rise again. QCP stated that for the crypto market, the core issue is whether slowing inflation can drive real interest rates down, thereby continuing to support risk assets. Although there have been recent capital outflows from ETFs and market disturbances surrounding rumors of Strategy selling Bitcoin, BTC has remained stable above $80,000, demonstrating overall resilience. In addition, the US Senate Banking Committee's review of the CLARITY Act continues to attract market attention. However, QCP believes that the current crypto market volatility is close to the yearly low, with the VIX remaining around 18. In the short term, the market is likely to continue fluctuating within a range, with $84,000 considered a key resistance level.