5.16 Retesting the Bull's Lifeline 1. U.S. stocks started to drop yesterday, with the AI sector leading the decline. Fed leadership change + worsening data + year-end rate hike expectations caused precious metals and crypto to fall simultaneously. 2. BTC has once again reached the 79,200 zone, the bull's lifeline. If it breaks below this level on the daily chart, I believe the rebound that started at 60,000 will come to an end. 3. ETH is already on shaky ground, showing signs of breaking down first.