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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
#GT# #BTC# #XRP# #ETH# #DOGE# ⁉️💰💯🧠💸🚀📊🎯
📉 Ethereum at a crossroads: focusing on the support of $2500
Ethereum is currently testing the $2,500 area, at the mid-range of the Bollinger Bands and near the average price level of ( $2,513 ). A break below this range could open the way towards the lower range of ( around $2,440 ), while a bounce at this range would keep the bullish trend intact.
🔍 Key Signals:
The Relative Strength Index is neutral at around 55 - there is no clear momentum.
The MACD indicator chart is fading, indicating weak upward pressure.
The Bollinger Bands indicators have become tighter - and the volatility squeeze may signal a big move soon.
🧠 Are we preparing for another rise - or is there a deeper correction on the table?