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```htmlGolden Ten Data reported on April 28 that Thai AirAsia announced on the 28th that due to the continuous rise in aviation fuel costs and the slowdown in travel demand in mid-year, the company will cut approximately 30% of its flights from May to June 2026. Thai AirAsia released a statement on its official website saying that some domestic routes from Suvarnabhumi Airport in Bangkok will be cancelled from May to June, while domestic routes from Don Mueang Airport will continue to operate normally. Regarding international routes, Thai AirAsia will mainly reduce routes to the Indian market, but will maintain operations in the East Asia and ASEAN markets, including China. Thai AirAsia CEO Praphat Bongbatananakorn stated that aviation fuel costs are one of the main costs for airlines, and recently aviation fuel prices have risen more than threefold. The company has had to adjust its operational plans by reducing flight frequency and temporarily cancelling some unprofitable routes.```

Foresight News reported that the privacy wallet infrastructure platform Privy announced on Twitter that it has launched Advanced API Wallet Actions to simplify common on-chain operations, including transfers, swaps, and yield earning. Developers only need to call a single endpoint, and Privy will automatically handle transaction construction, execution, and cross-chain gas fee payments.

According to Hyperliquid data, GOLD/USDC perpetual contracts are quoted at $4,633.7, down approximately 1.71% in the past day. From the annual high near 5,464, it has fallen sharply by more than 15%. Currently, the price is running below multiple moving averages, the MACD remains in a death cross, and it shows a secondary downward trend after low-level consolidation. Technical analysis: Gold has been fluctuating and dropping all the way from the high, reaching a minimum of 4,123.2. Although there has been a rebound, the strength is limited. Recently, it has formed lower highs and lower lows, forming a complete bearish structure. Long-term moving averages are providing significant resistance, and there is a high probability that rebounds will face obstacles and fall back. Fundamental and news analysis: The US Dollar Index is staying near the high of 98.5. Real yields have risen due to heightened inflation expectations, increasing the opportunity cost of holding non-interest-bearing gold. US-Iran negotiations remain deadlocked, and geopolitical risks have raised oil prices and inflation concerns, which, in turn, reinforce the Federal Reserve's expectations for "higher for longer" interest rates. In this week's FOMC meeting, it is highly likely that rates will remain unchanged. The market has further revised down the expected number of rate cuts in 2026, and the continued hawkish signals are keeping gold prices under pressure. Trading view: The combination of technical downtrend and negative fundamentals makes it suitable to short gold.