I just saw a news report that Josh Stark from the Ethereum Foundation is leaving, ending his five-year term. He previously held a high position within EF, working alongside core figures like Vitalik Buterin and Aya Miyaguchi, and was involved in major upgrades like The Merge and Dencun. The timing of his departure is a bit interesting, coinciding with EF's reorganization of management and a focus on mainnet scaling and those crypto punk values. Stark said he hasn't decided what to do next and will take a break to spend time with his family. Such high-level personnel changes are still quite rare at the foundation level, and it's unclear what the underlying considerations are.

I'm seeing some interesting changes at Hyperliquid. The trading volume of WTI crude oil futures (CL-USDC) has recently exceeded $100 million, and the platform's trading landscape is becoming quite diverse. What stands out even more is the composition of the top 10 contracts by trading volume. Cryptocurrencies only account for BTC, ETH, SOL, and HYPE, while the rest are traditional assets (gold, silver, crude oil) and U.S. stocks (S&P 500, Nasdaq 100, Nvidia), with three each. Open interest also reaches $52.5 million, indicating significant trading interest. Ultimately, it seems that platforms like Hyperliquid are transforming from simple crypto exchanges into trading hubs that encompass a variety of asset classes. The demand for traditional assets, based on trading volume, is more substantial than expected.

$ETH Crypto Circle Li Ying: 5.12 Three-line Resonance Warning: MACD and Bollinger Bands "Same Frequency" Oscillation, Is 2334 a Trap or a Pie? Latest Market Analysis and Trading Suggestions 　　 　　Article release date 2026.5.12-----00:30 　　 　　Before publishing, Ethereum's current price is 2333. The current trend is simply grinding away! Like chewing gum that's been chewed for a long time, tasteless but can't spit it out. Look at the few K-lines on the chart, jumping up and down, like an electrocardiogram? Sometimes giving you hope, sometimes pressing you to the ground and rubbing. The current market is a typical tasteless dish, a pity to abandon, big funds are watching, and if we small retail investors don't have real skills, it's easy to get trapped once we enter. But! This kind of oscillating market is often the night before an explosion. Once the direction is chosen, it’s big gains. Today, we won't deal with those fake ones, directly look at how to find opportunities to "steal chickens" in this garbage time—either take a bite and run or stay in cash and watch the show. 　　 　　Don't look at the sluggish market now; there are secrets hidden in the indicators. Although the MACD indicator looks dull, the DIF and DEA are very close to the zero axis, and the green柱 is shrinking, indicating that the bearish force is weakening, and the bulls may rebound at any time. Regarding moving averages, EMA7 has crossed below EMA30 to form a death cross, but the angle is very gentle and hasn't formed a strong downtrend, instead it looks more like a shakeout. The most noteworthy is Bollinger Bands, as the bandwidth is shrinking rapidly! In technical analysis, the tighter the Bollinger Bands, the stronger the subsequent breakout. Currently, the price is suppressed below the middle band at 2336. As long as a big bullish candle can break above the middle band, a short-term rebound is imminent; conversely, if it breaks below the lower band at 2307, it will be a waterfall trend. 　　 　　Short-term reference: 　　 　　Long position between 2330-2300, exit if below 2270, target 2370 aiming for above 2420 　　 　　Short position between 2365-2375, exit if breaks above 2390, target 2320 aiming for below 2300 　　 　　The above content is exclusively original by Li Ying. Please indicate the source when reprinting! Due to delays in article review and publication, market conditions change rapidly. The above suggestions are for reference only; trade at your own risk. We hope Li Ying's insights will be helpful to you! 　　 　　The content of this article is real-time and for reference only; trade at your own risk ‌#比特币波动