According to Odaily Planet Daily, OKX market data shows that HYPE has rebounded and broken through 64.5 USDT, currently trading at 64.631 UDST, with a 24-hour increase of 11.93%.

Odaily Planet Daily reports that Bitcoin (BTC) has seen a weekly bullish divergence this week, a technical signal that previously predicted a 715% surge after the FTX crash. This divergence shows that while the price is still falling, momentum indicators are starting to rise, suggesting that selling pressure may be easing. Analysis indicates that BTC's weekly chart shows a rare bullish divergence, with a potential target of around $90,000. 2. The current price is hovering around the 200-week moving average (approximately $62,000), a level that has historically served as a bottom for bear markets multiple times (2015, 2018, 2020). 3. The last weekly divergence occurred after the FTX crash in 2022, after which Bitcoin rose from approximately $15,500 to $126,200, a 715% increase. Technical analysis shows that BTC's RSI rebounded from oversold territory this week, forming a higher low, while the price continued to decline, constituting a bullish divergence signal. Analysts point out that if BTC breaks through the $64,000-$65,000 range, it could initially target $71,500-$73,000, and potentially reach the CME gap at $79,000. The 50-week moving average around $91,755 is considered a potential next resistance level, while the area above $90,000 is also a long-term resistance zone. Despite bullish signals, Bitcoin remains in a weekly bearish trend. If it breaks through the descending channel, the price could fall back to around $50,000 in the short term unless it returns to the lower channel line to form support. Overall, BTC is at a key technical level, with both bullish and bearish factors present. Investors need to pay attention to the dynamic changes in the 200-week moving average support and the 50-week moving average resistance. (Cointelegraph)

Odaily Planet Daily reports that EDGE Markets, a cryptocurrency and prediction market financial infrastructure company, has announced the completion of a $29.2 million Series A funding round. The round was led by CoinFund, with participation from Indicator Ventures, Mantis VC, StepStone Group, and Bullpen Capital. The new funds will reportedly be used to launch the EDGE Pro high-throughput funding account product for market makers. The company is also reportedly working on obtaining NFA broker-introducing agent and futures commission broker licenses in the United States. (Prnewswire)

Odaily Planet Daily reports that Nvidia launched its RTX Spark super chip last week, entering the AI PC market. The chip focuses on running large models and AI agents locally, targeting developers and content creators. Analysts believe that high price and storage costs will limit its widespread adoption, and the demand for AI PCs has not yet been validated. (Jinshi)

According to Odaily Planet Daily, Citigroup stated that earnings growth driven by AI infrastructure development is expected to propel the S&P 500 to break the 8,000-point mark in 2026. The bank raised its year-end target for the S&P 500 to 8,100 points, representing an upside of over 9.5% from last Friday's closing price, up from its previous target of 7,700 points. Strategist Kronat predicts that S&P 500 earnings per share will reach $350 in 2026 and rise to $400 in 2027. Kronat stated, "The AI tailwind is driving a surge in the fundamentals of related industries, and we are confident that earnings will continue to exceed expectations by the end of the year." He pointed out that unexpectedly strong earnings in the first quarter were unusually common, and while unlikely to be sustained, the rate of positive surprises in the coming quarters will remain above normal. Kronat believes that earnings will replace valuation expansion as the main driver of the index. He added that although the uncertainty surrounding the US-Iran war, inflation, and the interest rate path may cause volatility, AI spending remains a focus for investors. Regarding concerns about an AI bubble, Kronat believes the market's fervor for AI growth is far from over. "We are in the middle of a phase; future price-to-earnings ratios will moderate, and earnings growth will bear a greater responsibility," he stated. (Jinshi)